What is Price String Parsing?
Price string parsing is the extraction phase where raw, locale-specific currency strings like "₹72,400.50/MT" or "€1.299,99" are decomposed into structured, computable numeric values, currency codes, and units of measure. It bridges the gap between how humans read prices on a rendered page and how databases aggregate them. Getting this wrong is the leading cause of silent data corruption in e-commerce and B2B pricing pipelines.