percentage point

noun

Definition of percentage point

: one hundredth of a whole : percent interest rates rose one percentage point from 6.5 percent to 7.5 percent

Examples of percentage point in a Sentence

Recent Examples on the Web

Photo: roman pilipey/epa-efe/rex/shutte/EPA/Shutterstock The 1 percentage point reduction—to be carried out in two equal cuts on Jan. 15 and Jan. 25—will free up a net 800 billion yuan ($116.6 billion) for lending, according to the central bank. WSJ, "China Moves to Ramp Up Lending to Small Businesses," 4 Jan. 2019 The Labor Department said Friday the unemployment rate fell two-tenths of a percentage point to a seasonally adjusted 3.8% in February. Ezequiel Minaya, WSJ, "Companies Seek to Fill Skills Gap by Retraining Their Own Workers," 8 Mar. 2019 And in that case, Morgan Stanley estimates the resulting damage would remove around .3 to .4 of a percentage point from U.S. growth. Tory Newmyer, Washington Post, "The Finance 202: Senate rebuke of Trump tariffs won't actually change anything," 12 July 2018 Over the next year, all these tariffs are expected to translate into the loss of about 170,000 jobs and a tenth of a percentage point in economic growth, Zandi estimates. Paul Davidson, USA TODAY, "U.S. trade war with China, other countries: Layoffs, reduced hours, thinner profits," 6 July 2018 Statewide, unemployment improved to 3.8 percent, a tenth of a percentage point better than April thanks to 19,000 jobs added in the private sector. Bill Zimmerman, OrlandoSentinel.com, "Orlando jobs in May outlined by latest state data," 15 June 2018 The Fed raised the federal funds rate -- which helps determine rates for mortgages, credit cards and other borrowing -- a quarter of a percentage point to a range of 1.75% to 2%. Doug Criss, CNN, "5 things for June 14: Russia probe, interest rates, North Korea, migrants, World Cup," 14 June 2018 Real hourly wages have gone up four-tenths of a percentage point since 2010 in Minnesota, compared to one-tenth of a point in Wisconsin. Craig Gilbert, Milwaukee Journal Sentinel, "Minnesota outpaces Wisconsin, report says, in latest volley over liberal vs. conservative policies," 8 May 2018 Those are huge disparities given that forecasters make a big deal of fluctuations of just one or two tenths of a percentage point in the official rate. Bloomberg.com, "The Consumer Price Index May Be Getting Inflation Wrong," 2 May 2018

These example sentences are selected automatically from various online news sources to reflect current usage of the word 'percentage point.' Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. Send us feedback.

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First Known Use of percentage point

1958, in the meaning defined above

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Last Updated

9 Apr 2019

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The first known use of percentage point was in 1958

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