purchasing power

The consumer price index remained unchanged for the month of July as the energy index fell 4.6%, setting the consumer price index at 8.5% over the past 12 months. The food index rose 1.1% while the food at home index rose 1.3%, causing average Americans to be more cost-conscious when it...

UBS’ annual prices and earnings report names Zurich, Geneva and Luxembourg as the global cities where workers have the most purchasing power. Jakarta, Nairobi and Kiev are the three cities where workers have the least purchasing power. Zurich workers must work 20.6 hours to earn enough money...