Purchasing power refers to the amount of goods and services a person or entity can buy with a given amount of money. It fluctuates over time due to inflation, deflation and changes in income, directly ...

The other uses the purchasing power parity (PPP) exchange rate—the rate at which the currency of one country would have to be converted into that of another country to buy the same amount of goods and ...

PETALING JAYA: Focus on job creation, ease restrictions on economic activities, and extend a lifeline to consumers and businesses to increase the purchasing power of the people, stakeholders suggest.