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VocabJLPT N1

prices of commodities

Noun

Definitions

1. prices of commodities
2. prices (in general)
3. Price index

This noun refers to the general price level of goods and services in a given area or economy, similar to the concept of "cost of living" or "price levels." It is commonly used in economic discussions and everyday conversation when comparing how expensive or affordable a place is.

Example sentences

Sentence 1

Conversely, if commodity prices fall, will profit margins improve?

Sentence 2

You should look up the cost of living at your destination before booking.

Sentence 3

Prices in this area are relatively affordable, I should mention.

Sentence 4

"If prices stabilize, the economy will bounce back," the expert said.

Sentence 5

Wait, even convenience store coffee is getting hit by inflation?