Increase prices vs Cut prices

Both phrases are correct, but they convey opposite meanings. 'Increase prices' means to raise the prices of products or services, while 'cut prices' means to reduce or lower the prices. The choice between the two depends on whether you want to raise or lower the prices.

Last updated: April 03, 2024 • 73 views

This phrase is correct and commonly used in English to indicate raising the prices of products or services.

"Increase prices"

Use 'increase prices' when you want to convey the idea of raising the prices of products or services.

Examples:

The company decided to increase prices due to rising production costs.
The store plans to increase prices next month.
It's common for businesses to increase prices during peak seasons.

Show examples from the web [+]

McCahill thinks CAFE will certainly increase prices of new vehicles, thereby limiting consumer choices.
This suggests that the new entity would have little leeway to increase prices unilaterally or otherwise impede competition.
We are voting against the proposal to increase prices and so we cannot vote for this report.
Consumers' interests are not harmed since extending the term of protection does not increase prices.
Furthermore, competition from alternative materials to wet laid fibre material for tea and coffee filtration will constrain the notifying party's ability to increase prices.
Any difficulty of the printing industry to increase prices is considered to be rather largely due to this structural overcapacity within the printing industry itself.
The manufacturer Provizor is absolutely willing and able to cushion the masks - but that would increase prices considerably.
Some undertakings may more easily than others, increase prices on their products as a response to increased wage costs.
Furthermore, the changeover to the euro should not serve as an excuse to increase prices.
Another possible theory of harm concerns the unilateral effect of the transaction which might provide EMO-EKOM with the ability and incentive to increase prices.
It is therefore unlikely that Universal will after the merger be able to increase prices for performance, mechanical, synchronisation and print rights.
If countervailing power is of a sufficient magnitude, it may deter or defeat an attempt by the undertaking to profitably increase prices.
However, given the other sources of supply, the Community industry has only a very limited possibility to increase prices.
I know that people are concerned about paying for subsidies that increase prices for them as consumers.
However, as they were not able to increase prices to cost-covering levels, their ability to invest in capacity increases was limited.
The decision therefore concludes that unilateral effects are unlikely because the party will be constrained in its ability to increase prices by a number of strong competitors and to a certain extent by alternative materials.
Indeed, they represent one of the most serious violations of competition law: operators are allowed to increase prices, limit production and divide the market up between themselves.
Absent the competitive constraint currently exerted by Loepfe, Uster could then increase prices charged to Murata and Schlafhorst, in line with paragraph 38 of the non-horizontal merger guidelines.
Another limit to Tele Atlas' ability to increase prices or degrade quality could be provided by intermediaries that have a license from Tele Atlas or NAVTEQ to supply the map database together with their navigation software.
So far as inflation is concerned, a shorter workweek would not increase prices because, as manpower was substituted for hours, the equation between useful production and the number of consumers would remain in balance.

Alternatives:

raise prices
hike prices
up prices
escalate prices
boost prices

This phrase is correct and commonly used in English to indicate reducing or lowering the prices of products or services.

"Cut prices"

Use 'cut prices' when you want to convey the idea of reducing or lowering the prices of products or services.

Examples:

The store decided to cut prices to attract more customers.
In a competitive market, companies often cut prices to stay ahead.
The company's strategy to cut prices led to an increase in sales.

Show examples from the web [+]

When we increase competition in the networks it will cut prices, improve quality and make the services more affordable.
Just asking the chemical companies and pharmaceutical companies to cut prices is not enough.
Large orders make it possible for us to cut prices without compromising on working conditions, quality or sustainability.
Because of the reduced labor costs, however, this printer will also be able to cut prices.
In 2002, TV2 cut prices yet again and experienced a slight drop in total turnover.
When, for example, the Russian textile manufacturers were afraid that their British or German competitors would introduce British or German textiles into Russia and would cut prices, the Russian government was accommodating enough to impose an import duty upon British and German textiles.
However, we cannot cut prices if this means compromising the safety of the hundreds of thousands of children, elderly people and families who travel on our European highways each year.
Moreover, this loss of market share occurred against a background of falling prices, in which the Community producers were forced to cut prices in order to sell their produce.
In order to achieve the objectives of the specific supply arrangements, the economic advantages of the arrangements must be in terms of production costs and must cut prices up to the end-user stage.
public research, development and production of drugs, in order to cut prices and reduce medical expenses for public health services, and guarantee the right of universal access to essential medical treatment and medicines;
Producers of particular high-quality, regional specialities need guarantees that their products are not being copied and then marketed either at premium or cut prices as though they were the genuine article.
Several supermarkets, plus an Outlet store with cut prices make up its commercial area.
Indeed, they may even pay higher prices because of the reduced incentive for European businesses to cut prices in order to compete.
In 2005, the EU cut prices offered to EU sugar farmers by nearly 40% due to the World Trade Organisation's determination that it would help benefit poorer countries on the global market, such as Australia, Brazil and Thailand.
As is explained below, during the period under investigation TV2 both raised and cut prices on a number of occasions (the latter by granting higher discounts).
The latest reform follows failed 2006 plans to cut prices and production.

Alternatives:

lower prices
reduce prices
slash prices
discount prices
drop prices

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Increase prices vs Cut prices

"Increase prices"

"Cut prices"

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