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The phrase "increase compared" is correct and can be used in written English.
This phrase is used to compare two different values, often demonstrating a rise in one or the other. For example, "Sales increased compared to last year by 13%".
Exact(59)
That's a 58percentt increase compared with the 198 sold in 1997.
The average weekly spend online in 2014 was £718.7m, almost a 12% increase compared with 2013.
It raised more than £36,000 – a 581% increase compared with a normal day.
Before the election, many, based on polling, were expecting turnout to substantially increase compared to 2010.
Spending on these drugs has surged to $5 billion annually, a 50percentt increase compared with five years ago.
In July, Germany received 37,531 asylum applications, a 93% increase compared with the same month last year.
Barnesandnoble.com sales were $108.2 million for the quarter, a 14.5percentt sales increase compared with the period a year ago.
Advance sales for 2014 and beyond total £145m, a 92% increase compared with this time last year.
That was a 38percentt increase compared with net income of $734,000 during the period a year ago.
The numbers reflected a sharp increase compared with a week earlier, when there were 26 deaths and 1,587 cases.
The increase compared with 1998 was small -- just 2percentt -- but it was the fifth gain in a row.
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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