increase price

USAGE SUMMARY

The phrase "increase price" is correct and usable in written English.
You could use it in any situation where you want to indicate that a price is being changed, such as in a business memo or a report. For example: "The board of directors has voted to increase price for our products by 5%."

✓ Grammatically correct

News & Media

Science

Encyclopedias

Human-verified examples from authoritative sources

Exact Expressions

35 human-written examples

In early 1974 steps were taken to increase price stability leading to bankruptcies of smaller companies.

The New Yorker

It also helps increase price transparency, thus increasing inner-regional competition and market efficiency.

Encyclopedia Britannica

At the same time, she would increase price of not paying the charge within 24 hours from £14 to £25.

The Guardian

The aim is to increase price competition between payday lenders and help borrowers get a better deal.

Independent

John Arnold, chief executive of Centaurus Advisors, said limiting big traders would make the markets less liquid and possibly increase price volatility.

The New York Times

Policies to increase price, prohibit access by young people and deter smoking in public places, combined with public education, have had a dramatic affect.

The Guardian - Opinion

Human-verified similar examples from authoritative sources

Similar Expressions

25 human-written examples

As production volumes increase, prices will fall.

The Economist

"I have to cut hours or increase prices," he said.

The New York Times

Hoarding, by exporters and importers, will only increase prices further.

The New York Times

This would also increase pricing pressure on oil producers.

The New York Times

Or, gradually increase prices.

TechCrunch

Expert writing Tips

Best practice

When discussing pricing strategy, clearly state the reason for the "increase price", such as rising costs, increased demand, or improved product features.

Common error

Don't just say "increase price"; specify the amount or percentage of the increase and the effective date to avoid confusion.

Linguistic Context

The phrase "increase price" functions as a verb phrase, typically used as part of a clause to describe the action of making a price higher. Ludwig confirms its usability in various contexts, showing that it's grammatically sound.

Expression frequency: Common

Frequent in

News & Media

56%

Science

28%

Formal & Business

8%

Less common in

Encyclopedias

4%

Wiki

4%

Academia

0%

Ludwig's WRAP-UP

The phrase "increase price" is a common and grammatically correct verb phrase used to describe the act of raising the cost of a product or service. Ludwig AI confirms its usability across various contexts. Analysis of Ludwig's examples shows it's frequently used in news and media, science, and formal business settings. When using this phrase, be specific about the amount and reasons for the increase to avoid ambiguity. Consider alternatives like "raise the price" or "adjust the price upwards" depending on the context. While the phrase is straightforward, providing clear and justifiable reasons for the change is crucial in practical communication.

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

raise the price

A direct synonym emphasizing the action of making the price higher.

increase the cost

Similar to increase price but focus on cost.

hike the price

Suggests a significant and often abrupt increase in price.

mark up the price

Implies adding a profit margin to the cost price.

adjust the price upwards

A more formal way of saying "increase price", suitable for business contexts.

escalate the cost

Focuses on the rising cost rather than the action of pricing.

bump up the price

An informal way to express a small price increase.

inflate the price

Suggests an artificial or unjustified increase in price.

drive up the price

Implies external factors are causing the price to increase.

set a higher price

Focuses on the act of establishing a new, higher price point.

FAQs

How to use "increase price" in a sentence?

You can use "increase price" to describe the action of raising the cost of a product or service. For example, "The company decided to "increase price" due to rising raw material costs."

What can I say instead of "increase price"?

You can use alternatives like "raise the price", "mark up the price", or "adjust the price upwards" depending on the context.

Which is correct, "increase price" or "increase pricing"?

Both ""increase price"" and "increase pricing" are grammatically correct, but they have slightly different meanings. "Increase price" refers to a specific action, while "increase pricing" refers to a general strategy or practice.

What's the difference between "increase price" and "increased price"?

"Increase price" is a verb phrase indicating an action, while "increased price" is a noun phrase referring to a price that has already been raised. For example, "They will "increase price" next month" versus "The new product has an increased price."