{"id":6282,"date":"2019-09-30T11:00:38","date_gmt":"2019-09-30T11:00:38","guid":{"rendered":"https:\/\/blogs.transparent.com\/dutch\/?p=6282"},"modified":"2019-09-26T23:08:18","modified_gmt":"2019-09-26T23:08:18","slug":"dutch-word-of-the-month-september-koopkracht","status":"publish","type":"post","link":"https:\/\/blogs.transparent.com\/dutch\/dutch-word-of-the-month-september-koopkracht\/","title":{"rendered":"Dutch Word of the Month September: Koopkracht"},"content":{"rendered":"

September! Out of the boring months, here comes something important for all to hear: news about the\u00a0begroting<\/em> (budget) for the next\u00a0begrotingsjaar <\/em>(fiscal year). Presented every\u00a0derde dinsdag in september\u00a0<\/em>(third Tuesday in September) on\u00a0Prinsjesdag\u00a0<\/em>(Prince’s Day)<\/a>. And besides money for\u00a0onderwijs\u00a0<\/em>(education),\u00a0zorg\u00a0<\/em>(healthcare) or\u00a0infrastructuur\u00a0<\/em>(infrastructure), there is always something about\u00a0koopkracht<\/em>. What is that, and why does it matter? Here we go!<\/p>\n

Click here for previous Words of the Month<\/strong><\/a><\/p>\n

What does it mean?<\/strong><\/h2>\n
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Image by Christian Dubovan at Unsplash.com<\/p><\/div>\n

Koopkracht\u00a0<\/em>means “purchasing power”. Quite literally.\u00a0It is a\u00a0samenstelling\u00a0<\/em>(compound word) of\u00a0kopen\u00a0<\/em>(to buy, purchase) and kracht\u00a0<\/em>(power). It is used to refer to what people are able to buy with their\u00a0geld\u00a0<\/em>(money). Depending on\u00a0inflatie\u00a0<\/em>(inflation) and\u00a0inkomensstijging\u00a0<\/em>(income increase), the\u00a0koopkracht\u00a0<\/em>either goes\u00a0vooruit\u00a0<\/em>(“forward”, up) or\u00a0achteruit\u00a0<\/em>(backward, down).<\/p>\n

Relevance to September<\/strong><\/h2>\n