purchasing power

The common enemy of the people is here: the sharp rise in food prices and the lack of purchasing power.

In terms of drivers, they expect the data to show government spending, rural consumption, better real purchasing power due to weak inflation, and exports frontloading supported growth further.

Inflation erodes the purchasing power of a fixed income.

“AI adoption in content generation and distribution is expected to deliver tangible benefits to core advertising and e-commerce, while resilient purchasing power from lower-tier city users should further support above-industry growth,” DBS analysts said in a recent note.

The "sustained return to stable prices is good news for European consumers who had seen their purchasing power eroded by inflation in recent years", Dombrovskis said.