increase in price

USAGE SUMMARY

"increase in price" is correct and usable in written English.
You can use it when referring to an increase of an amount of money for something. For example, "The increase in price of the TV was too much for me, so I decided not to buy it."

✓ Grammatically correct

News & Media

Science

Formal & Business

Human-verified examples from authoritative sources

Exact Expressions

59 human-written examples

That was a 53.6% increase in price over the same month the previous year.

Los Angeles Times

Calculate the percentage increase in price.

The New York Times

Does the increase in price reflect inflation?

The New York Times

The percentage increase in price for each month.

Yale University

Buildings and contents cover will also increase in price.

The Guardian

With each increase in price, the preparations become more complex and the ingredients more expensive.

The New York Times - Food

"And most customers would find the necessary increase in price to be objectionable".

The New York Times - Tech

Strong manufacturing growth has been accompanied by an increase in price pressures, the Markit report said.

The Guardian - Business

WHO has found that a 20% increase in price led to fewer people consuming sugary drinks.

The Guardian

Playing hard to get, however, results in an increase in price, not a decrease.

The Guardian - Lifestyle

Human-verified similar examples from authoritative sources

Similar Expressions

1 human-written examples

Yet even a modest increase in price-to-earnings multiples could be a boon for investors.

The New York Times

Expert writing Tips

Best practice

When discussing "increase in price", be specific about the magnitude (percentage or absolute value) and the timeframe over which the increase occurred to provide clear and informative context.

Common error

Avoid using "increase in price" when you actually mean an increase in cost. Price is what the seller asks, cost is what the seller incurs. The difference matters in financial contexts.

Linguistic Context

The phrase "increase in price" functions as a noun phrase, typically acting as the subject or object of a sentence. Ludwig AI confirms its validity and common usage. For instance, it describes the phenomenon of rising costs in various contexts, as evidenced by numerous examples.

Expression frequency: Very common

Frequent in

News & Media

52%

Science

28%

Formal & Business

10%

Less common in

Wiki

5%

Academia

3%

Encyclopedias

0%

Ludwig's WRAP-UP

The phrase "increase in price" is a common and grammatically sound noun phrase used to describe a rise in the monetary value of goods or services. As confirmed by Ludwig AI, it's versatile enough for use across various contexts, from news reports and scientific articles to business analyses. While alternatives like "price hike" or "rise in cost" exist, "increase in price" serves as a neutral and widely understood term. Remember to specify the magnitude and timeframe of the increase for clarity. Be cautious not to confuse "price" with "cost". Overall, mastering its usage is key to clear communication about economic trends.

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

rise in cost

Similar to "increase in price" but focuses on the cost aspect rather than the price itself.

price hike

This is a more concise, often informal, way to describe a sudden or significant increase in price.

price surge

Implies a rapid and substantial increase in price, often due to market conditions.

price escalation

Describes gradual and often uncontrollable increase in price.

escalation of price

More formal and emphasizes a gradual increase over time.

growth in price

Suggests a steady and positive change in value over time

price appreciation

Often used in real estate or investment contexts, suggesting an increase in value.

boost in price

Implies a sharp or sudden increase, potentially temporary.

markup in price

Refers to the amount added to the cost to determine the selling price.

inflation in price

Connects the increase to broader economic factors.

FAQs

How do I use "increase in price" in a sentence?

You can use "increase in price" to describe a situation where the cost of a good or service has risen. For example, "The "rise in cost" /s/rise+in+cost of gasoline led to an increase in transportation expenses."

What are some alternatives to "increase in price"?

Alternatives include "price hike", "rise in cost", or "price surge", depending on the context and the nuance you want to convey.

Is it correct to say "price increase" instead of "increase in price"?

Yes, "price increase" is a perfectly acceptable and often more common alternative to "increase in price". They are generally interchangeable.

What causes an "increase in price" of goods?

An "increase in price" can be caused by a variety of factors, including increased demand, decreased supply, inflation, or higher production costs.