・物価、ぶっか、Bukka
・Definition: Commodity price, Prices

Hey, Masa, my friend asked me
“アメリカの物価(ぶっか)はどうですか?”
What does that mean??

Hi, Andy, that means
“How is the cost of living in the U.S.?”
物(もの) means “thing, commodity, object, stuff.”
価(か、あたい) means “prices, values.”

Is 物価(ぶっか) only used in business situations?

Actually, NO. People use the word 物価(ぶっか) in daily conversations.
For example, “この前(まえ)、ハワイ行(い)ったらすごく物価(ぶっか)が高(たか)かった!”
It means, “I went to Hawaii the other day. The price of commodities was very high there. “
EXAMPLE SENTENCES
・アメリカの物価は高い
The prices in the U.S. are high.
・物価の上昇が止まらない
The rise in prices does not stop.
・日本の物価は全然上がらない
The prices in Japan do not rise at all.
・日本の物価上昇率は他の国に比べて低い水準にある
The inflation rate in Japan is low compared with other countries.
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