The phrase "higher purchasing power" is correct and usable in written English.
It can be used when discussing economic conditions, consumer behavior, or financial capabilities.
Example: "With the recent salary increases, employees now enjoy a higher purchasing power, allowing them to afford better living standards."
Alternatives: "increased buying power" or "greater purchasing capacity."
This higher "purchasing power" boosted our consumption of cars (30% higher than it would have been), household durables – such as whitegoods (25%), food (20%) and communications (8%).
Whether the rural poor will actually benefit from China's new trading powers, gaining more skills and higher purchasing power, will depend on whether the government provides them with a better education, entrepreneurial opportunites, and greater civil rights.
That will remain one of the most buoyant markets in India, thanks to favourable demographics, changing cultural and consumption patterns, higher purchasing power and the spread of financial services outside the big cities.
Even after allowing for higher purchasing power in a low-cost country, the World Bank puts national income per person at only $3,300, below that of several sub-Saharan African states.
This is not a reflection of higher purchasing power among Washington residents, just a reflection of the fact that many of Washington's earners live outside of its borders.Looking at the comparison of regional inequalities shown in figure 1, we are led to believe that Britain has the most unequal regional distribution, while Italy has the most equal.
This population may be dwarfed by China's 1.3 billion, but on average, Brazilians have much higher purchasing power.
In addition, public schools are over represented by students from poorer sectors of society even when located in medium or upper class neighbourhoods whereas the majority of students from families with higher purchase power often attend private schools (e.g., Alves and Soares 2007).
The Netherlands, where retirees enjoy the highest purchasing power in Europe, provides an example.
Among the factors contributing to the industrial base are an abundant supply of fossil fuels and hydroelectric power, a variety of raw materials, considerable available capital; and a relatively high purchasing power per capita.
This influx of international workers — and their associated high purchasing power — has helped sustain price growth in the real estate sector and is "one of the main factors driving demand," Mr. Varley said.
Sociologists also point to the liberal, feel-good youth culture that blossomed since the end of the Franco dictatorship - now coupled with historically high purchasing power that keeps suburban mega-discos and chic city bars doing a lucrative business until dawn.
