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The phrase "a fare increase" is correct and usable in written English.
It can be used when discussing a rise in the cost of transportation services, such as buses, trains, or taxis.
Example: "The city council announced a fare increase for public transportation starting next month."
Alternatives: "a price hike" or "an increase in fares".
Exact(60)
Drivers want a fare increase of about 16 percent.
Transit advocates fear a fare increase as a result.
"There is going to be a fare increase.
"There has to be a fare increase," he said.
"Without a fare increase, the sales will not be successful".
(But hurry: a fare increase is in the wind).
But a fare increase alone won't fix the driver shortage.
The upgrade is not expected to require a fare increase.
Southwest Airlines disdains a fuel surcharge; Ed Stewart, a spokesman, said, "A fare increase is a fare increase".
"Nobody wants a fare increase, but we haven't had a fare increase in many years and we can't get the drivers," the mayor said.
The announcement on Thursday comes months before an expected public hearing on a fare increase.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com