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 Wholesale auction prices for used cars have moderated over the past month, ticking down a percentage point, DeLorenzo said. Irina Ivanova, CBS News, 14 July 2021 That comes to an inflation rate of just 2.5 percent per year, a half-percentage point ahead of the Federal Reserve’s target rate of 2 percent. NBC News, 13 July 2021 An additional 1 percentage point to the 2021 global consumer food inflation could be added by the higher freight rates. Andrew Stuttaford, National Review, 25 June 2021 After the Fed moved up its timeline for potentially two rate hikes in 2023 while advancing its inflation forecast an entire percentage point to 3.4%, the market sharply fell. Q.ai - Investing Reimagined, Forbes, 21 June 2021 But with stronger growth comes higher inflation and the Fed has upped its 2021 inflation forecast by a whole percentage point to 3.4%, reflecting the increases in prices across the spectrum for both consumers and producers. Anneken Tappe, CNN, 16 June 2021 Most of them now expect to raise the overnight federal-funds rate by at least half a percentage point by the end of 2023, according to quarterly forecasts released last week. Paul Kiernan, WSJ, 22 June 2021 Seattle Mayor Jenny Durkan said Wednesday hers is the first major U.S. city with 70% of its residents 12 and older having completed their COVID-19 vaccinations, edging San Francisco by a percentage point. Elinor Aspegren, USA TODAY, 10 June 2021 That was a record high, though the rate ticked up by just one-tenth of a percentage point over the class of 2019, continuing a slow but steady trend of rising graduation rates over the last several years. Erin Golden, Star Tribune, 10 June 2021

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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Time Traveler for percentage point

Time Traveler

The first known use of percentage point was in 1958

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Statistics for percentage point

Last Updated

20 Jul 2021

Cite this Entry

“Percentage point.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/percentage%20point. Accessed 24 Jul. 2021.

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