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"development of prices" is a correct and usable phrase in written English.
You can use it when referring to changes in the cost of goods or services over a period of time. For example, "The development of prices over the last three decades has been remarkable."
Exact(5)
The scenarios provided in Abildtrup et al. (2006) provide a detailed and comprehensive development of prices and costs for different agricultural activities under the four global change scenarios.
The experience from the bus industry indicates that this effect is linked to the introduction of competitive tendering, and that the future development of prices will follow the cost index [11].
The RPI measures the development of prices of goods and services consumed in Spain [ 12].
Hence, it follows that the depreciations in the cost calculation of the energy sector rise and thus accelerate the development of prices.
This approach is in line with the standard international approach to modelling future resource requirements with health system change, which is described as follows: "The general approach would be to assume that persons of different age groups would use a certain amount of services over a given period, and also to make certain assumptions regarding the development of prices over time.
Similar(55)
The Smeed report of 1964, which Thomson drafted, argued in favour of the development of pricing methods.
For example, much of the growth in markets, such as credit derivatives, would not be possible without the development of pricing benchmarks such as the LIBOR swap curve.
Ken Price Sculpture: A Retrospective traces the development of Price's sculptural practice from his luminously glazed ovoid forms to his suggestive, molten-like slumps, positioning him within the larger narrative of modern American sculpture.
They adopt different world views and, therefore, have different assumptions about the development of oil prices, and food prices, et cetera [ 28].
Unmistakably contributing to this positive feeling were some rather satisfying financial outcomes: fewer vessels sharing the same quotas, a favourable development of fish prices, and falling fuel prices in 1986.
Naturally, the recent development of oil prices diminishes the pressures to increase low-sulphur fuel prices.
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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