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Preisstabilität

price stability

noun PRYS-shtah-bee-lee-TET Rare

Usage Note

Preisstabilität is the macroeconomic goal of keeping inflation low and predictable. The European Central Bank targets Preisstabilität at around 2% annual inflation. It is a key mandate of modern central banks.

Examples

"Die EZB ist für die Preisstabilität im Euroraum verantwortlich."

Natural Translation

The ECB is responsible for price stability in the euro area.

Literal Translation

The ECB is for the price-stability in-the euro-area responsible.

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