price surge

USAGE SUMMARY

"price surge" is correct and usable in written English.
You can use it to refer to a sudden and large increase in the price of something. For example: "The recent price surge on crude oil has driven up the cost of fuel."

✓ Grammatically correct

News & Media

Formal & Business

Science

Human-verified examples from authoritative sources

Exact Expressions

56 human-written examples

The hazelnut price surge has left market players reeling.

The Guardian - Business

And like other Flatland cities, Atlanta never saw much of a housing price surge.

The New York Times

So far, though, the most recent energy price surge hasn't had that effect.

The New York Times

The price surge is becoming one of the drags on the economy.

The New York Times

The United States has few options to increase supply and damp a price surge.

The New York Times

Nor is there is a sign of a house price surge outside the south-east.

The Guardian - Opinion

The price surge came despite postal workers pushing ahead with plans for strikes in the run-up to Christmas.

Independent

So both economic growth and bad energy policy have played some role in the food price surge.

The New York Times

The earlier price surge had erased the profit margins of many and forced some to suspend production or close entirely.

The Economist

Human-verified similar examples from authoritative sources

Similar Expressions

2 human-written examples

He survived because the oil-price surge also forced up the price of grain.

The Economist

A wider food-price surge does seem to be under way.

The Economist

Expert writing Tips

Best practice

When discussing "price surge", specify the commodity or service affected to provide clarity and context. For instance, say "oil price surge" instead of just "price surge".

Common error

Avoid attributing a "price surge" to a single cause without considering the complex interplay of factors that typically influence price fluctuations. Provide a nuanced explanation.

Linguistic Context

The phrase "price surge" primarily functions as a noun phrase, often acting as the subject or object of a sentence. It describes a notable increase in the cost of goods, services or assets. As Ludwig AI explains, the phrase is widely used.

Expression frequency: Very common

Frequent in

News & Media

70%

Formal & Business

15%

Science

10%

Less common in

Encyclopedias

1%

Wiki

2%

Reference

2%

Ludwig's WRAP-UP

The phrase "price surge" is a common and grammatically correct term used to describe a sudden and substantial increase in prices. Ludwig AI confirms its usability in written English. As evidenced by the numerous examples from various sources, including news media, business publications, and scientific articles, it is widely employed to convey significant economic shifts. Semantically related phrases include "price hike" and "price escalation". When using the phrase, it’s important to specify the commodity or service experiencing the surge to provide clarity. The term is appropriate for neutral and professional registers, making it a versatile choice for discussing market dynamics.

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

sharp price increase

Highlights the speed and magnitude of the increase.

soaring prices

Implies a dramatic and uncontrolled increase.

rapidly increasing prices

Emphasizes the speed at which prices are rising.

spike in prices

Suggests a sudden, temporary, and often unexpected increase.

price escalation

Focuses on a gradual increase, often in the context of contracts or long-term projects.

jump in prices

Indicates a sudden, noticeable increase.

price hike

A more informal term for a sudden increase in price.

runaway prices

Suggests that prices are increasing rapidly and are difficult to control.

price boom

Suggests a rapid and significant increase in prices, often associated with economic growth.

cost inflation

Focuses on the general increase in the cost of goods or services.

FAQs

How can I use "price surge" in a sentence?

You can use "price surge" to describe a sudden increase in the cost of something, such as "The recent "oil price surge" has affected transportation costs".

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

"Price surge" implies a more rapid and significant rise than a general "price increase". A "price increase" may be gradual, while a "price surge" is sudden and substantial.

What are some alternatives to saying "price surge"?

Depending on the context, you could use alternatives like "price hike", "price escalation", or "soaring prices".

What factors typically cause a "price surge"?

Factors contributing to a "price surge" can include increased demand, supply shortages, geopolitical events, and speculative trading. It's often a combination of these influences.