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price increase vs price rise

Both 'price increase' and 'price rise' are correct and commonly used phrases in English. They are interchangeable and can be used to describe the situation when the cost of something goes up.

Last updated: March 28, 2024 • 614 views

price increase

This phrase is correct and commonly used in English to describe a situation where the cost of something goes up.

This phrase is used to indicate that the price of a product or service has gone up.

Examples:

  • The price increase of oil has affected the transportation industry.
  • The company announced a price increase for its software products.
  • We can expect a price increase in housing prices next year.

Alternatives:

  • cost increase
  • price hike
  • price surge
  • price jump
  • price escalation

price rise

This phrase is correct and commonly used in English to describe a situation where the cost of something goes up.

This phrase is used to indicate that the price of a product or service has increased.

Examples:

  • The price rise in groceries is impacting household budgets.
  • There has been a significant price rise in real estate prices.
  • The company is considering a price rise for its products.

Alternatives:

  • cost rise
  • price increase
  • price hike
  • price surge
  • price jump

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