escalation of prices

USAGE SUMMARY

The phrase "escalation of prices" is correct and usable in written English.
It can be used when discussing the increase or rise in prices of goods or services over time, often in economic contexts. Example: "The escalation of prices in the housing market has made it difficult for first-time buyers to enter the market."

✓ Grammatically correct

News & Media

Encyclopedias

Science

Human-verified examples from authoritative sources

Exact Expressions

11 human-written examples

The demand for property is driving this escalation of prices.

The Guardian

The greatest escalation of prices occurred between 1987 and 1990, after the 1987 stock market crash.

Encyclopedia Britannica

"The sellers were pushing for the escalation of prices," Ms. Ramirez said.

The New York Times

In markets like Aspen, Colo., that have seen a tight supply of real estate and continued escalation of prices, sales of fractionals remain strong.

The New York Times

If you look at the dramatic escalation of prices in the Hamptons over the last decade, particularly against the backdrop of the economy's collapse, it is understandable why buyers have been hesitant to sign contracts.

The New York Times

It is up to speed in all departments and, considering the escalation of prices elsewhere in Fairfield County, the prices here offer excellent value, with entrées between $16 and $23.

The New York Times

Human-verified similar examples from authoritative sources

Similar Expressions

49 human-written examples

In the last six quarters, despite almost constant escalation of oil prices, many producers have hedged a good deal of their output at surprisingly low prices.

Forbes

The escalation of energy prices easily eclipsed the fast rise in the cost of food.

The New York Times

Of course, wines at this price are more attractive to collectors than to drinkers, who are often forgotten in the unconscionable escalation of wine prices.

The New York Times - Food

There is no shortage of explanations for the escalation of oil prices by about 60percentt over the last year.

The New York Times

Mr. Moran, the Créapôle student, has designed a car that addresses two main issues: the escalation of oil prices and the need to minimize environmental impacts.

The New York Times

Expert writing Tips

Best practice

When writing about economics or market trends, use "escalation of prices" to denote a gradual but steady increase in costs. Be specific about the products or services affected.

Common error

Avoid using "escalation of prices" when you mean price fluctuation. "Escalation" implies a consistent upward trend, while "fluctuation" suggests prices are going up and down.

Linguistic Context

The phrase "escalation of prices" functions as a noun phrase, typically acting as the subject or object of a sentence. Ludwig AI confirms this usage, showing its role in describing economic trends and market conditions.

Expression frequency: Uncommon

Frequent in

News & Media

63%

Science

19%

Encyclopedias

12%

Less common in

Formal & Business

3%

Wiki

3%

Academia

0%

Ludwig's WRAP-UP

In summary, the phrase "escalation of prices" is a grammatically correct and usable term that describes a gradual and sustained increase in the cost of goods or services. Ludwig AI validates this and indicates that while not extremely common, it frequently appears in news and media, science, and encyclopedia contexts. Alternatives such as "price increase" or "rising prices" can be used depending on the specific nuance you want to convey. When using this phrase, remember it suggests a consistent upward trend, not just random fluctuations. It’s particularly useful in economic analysis and reporting to highlight market trends and their implications.

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

price escalation

This is a slight variation using a different word order, but maintains the core meaning.

price increase

This is a straightforward and common way to describe the rising of prices.

rising prices

This alternative focuses on the action of prices going up.

increased costs

This highlights the rising expenses associated with goods or services.

rising cost

Singular form focusing on the increased expense.

price surge

This alternative conveys a sudden and significant increase in prices.

soaring prices

This alternative implies a rapid and dramatic increase in prices.

price hike

This phrase emphasizes a sharp or abrupt increase in price.

cost inflation

This term links the increase in prices to the broader economic phenomenon of inflation.

inflation in prices

Focuses on the inflationary aspect affecting prices.

FAQs

What does "escalation of prices" mean?

The phrase "escalation of prices" refers to a gradual and consistent increase in the cost of goods or services over a period of time. It suggests a steady upward trend rather than a sudden spike.

What can I say instead of "escalation of prices"?

You can use alternatives like "price increase", "rising prices", or "price surge" depending on the context.

Is "escalation of prices" the same as "inflation"?

While related, they are not identical. "Inflation" is a broader economic term referring to the overall increase in the general price level of goods and services in an economy, whereas "escalation of prices" refers to the increase in the prices of specific items or within a particular market.

How is "escalation of prices" used in economics?

In economics, "escalation of prices" is used to describe how the cost of specific goods, services, or assets steadily increases, affecting purchasing power and market dynamics. For example, the "rising cost" of housing can be referred to as an "escalation of prices" in the real estate market.