The prices of goods and general price level — often used to talk about cost of living and economic conditions.
最近の物価上昇で家計が厳しくなっている。
Household budgets have become tight due to recent rises in prices.
都市部と地方では物価に差があることが多い。
There is often a difference in prices between urban and rural areas.
物価指数（CPI）はインフレ率を測る指標の一つだ。
The consumer price index (CPI) is one indicator used to measure inflation.