price stability JUST WRITTEN FOR YOU
/praɪs stæbɪlɪti/ · price.sta.bil.i.ty
noun
- A state of economic equilibrium where prices remain relatively constant over time, allowing for predictable and stable economic conditions. The central bank's goal is to maintain price stability and prevent inflation.
noun
- The ability of an economy to maintain stable prices, often achieved through monetary policy and fiscal discipline. The country's price stability has been a key factor in its economic growth.
noun
- A situation where prices are not subject to significant fluctuations, allowing businesses and consumers to make informed decisions. The company's price stability has helped it maintain a loyal customer base.
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Did you know? Price stability is often considered a key indicator of a country's economic health, and maintaining it is a top priority for central banks and governments worldwide.