Binnenkaufkraft

German

Etymology

binnen (within/internal) +‎ Kaufkraft (purchasing power)

Pronunciation

  • IPA(key): [ˈbɪnənˌkaʊ̯fkʁaft]
  • Hyphenation: Bin‧nen‧kauf‧kraft

Noun

Binnenkaufkraft f (genitive Binnenkaufkraft, plural Binnenkaufkraften)

  1. (economics) domestic purchasing power, internal purchasing power (the value of money in terms of what it can buy within a specific country's domestic market)
    Ein Anstieg der Reallöhne stärkt die Binnenkaufkraft und kurbelt somit den heimischen Konsum an.
    An increase in real wages strengthens domestic purchasing power and thus boosts domestic consumption.

Declension

Synonyms

Antonyms

Coordinate terms

  • Binnennachfrage (domestic demand)
  • Inflation (the main factor reducing internal purchasing power)
  • Verbraucherpreisindex (the metric used to calculate changes in purchasing power)
  • Exportquote (the share of production not dependent on domestic purchasing power)
  • Einzelhandelsumsatz (a key indicator influenced by domestic purchasing power)

References