price rise

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Definitions from the Web

Term: Price Rise

Description:

Price rise refers to an increase in the value or cost of goods and services over time. It is often measured by the change in the average prices of essential commodities or the overall inflation rate in an economy.

Senses:

Sense 1: Noun

When used as a noun, price rise is a general term used to describe the increase in the cost or value of goods and services.

Example sentence: The price rise in essential commodities has made it difficult for low-income families to make ends meet.

Sense 2: Verb

When used as a verb, price rise describes the action of increasing the cost or value of goods and services.

Example sentence: The company plans to price rise their products next month due to increased manufacturing costs.

Usages:

Usage 1: Popular

In popular usage, price rise is commonly used in discussions about inflation, cost of living, and economic trends.

Example sentence: The government is taking measures to control price rise and stabilize the economy.

Usage 2: Local

In local usage, price rise can refer to specific and immediate increases in the cost of goods or services within a particular region or community.

Example sentence: The local market experienced a sudden price rise in fruits and vegetables due to supply shortages.