noun
price difference; price margin; price gap
Refers to the difference in price between two or more items, markets, or time periods. Commonly used in economic and business contexts.
この商品は店によって価格差が大きい。
There is a big price difference for this product depending on the store.
為替レートの変動が輸出入品の価格差に影響する。
Fluctuations in exchange rates affect the price margin of imports and exports.
差額 is a broader term for 'difference in amount' (money, quantity, etc.), whereas 価格差 is limited to price differences.
Compound of 価格 (price) + 差 (difference). A straightforward Sino-Japanese word.