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)
- (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
Declension of Binnenkaufkraft [feminine]
Synonyms
- Inlandskaufkraft (domestic purchasing power)
Antonyms
- Außenkaufkraft (external purchasing power; related to exchange rates)
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)
Related terms
- Binnenmarkt (internal market)
- Kaufkraftparität (purchasing power parity)
References
- “Binnenkaufkraft” in Digitales Wörterbuch der deutschen Sprache
- “Binnenkaufkraft” in Duden online