Reálértéket

Reálértéket, a Hungarian term, translates to "real value" in English. It is a concept used in economics and finance to distinguish between the nominal value of an amount and its actual purchasing power. Nominal value refers to the face value of money or an asset, while real value accounts for the effects of inflation or deflation.

For example, if a person earns $100 one year and $105 the next, the nominal increase is $5. However, if inflation was 6% during that period, the real value of their earnings has actually decreased. This is because the $105 earned in the second year buys less than $100 did in the first year due to the erosion of purchasing power by inflation.

Economists use real values to make accurate comparisons over time and to understand the true economic growth or decline. When discussing wages, GDP, or investment returns, it is crucial to differentiate between nominal and real figures. Adjusting for inflation allows for a clearer picture of how people's living standards are changing or how the economy is truly performing. In essence, reálértéket provides a more accurate measure of economic well-being by reflecting what money can actually buy.