Also means
general level of prices
Usage Note
Preisniveau refers to the average level of prices in an economy at a given time, typically measured by a price index. A rising Preisniveau equals inflation; a falling one (Deflation) can be equally problematic by discouraging spending.
Examples
"Das gestiegene Preisniveau trifft vor allem Haushalte mit niedrigem Einkommen."
Natural Translation
The increased price level particularly affects households with low incomes.
Literal Translation
The risen price-level hits above-all households with low income.
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