noun phrase · neutral
price hike
/ˈpraɪs haɪk/PRICE HIKE
Band 5-6task2speaking
a sudden or significant rise in the price of something
Examples
“The government announced a price hike in electricity from next month.”
“A sudden price hike pushed many families to cut their spending.”
“Retailers blamed production costs for the recent price hike.”
Band 8 sentence
“Analysts attributed the record price hike to supply chain disruptions and higher raw material costs.”
Collocations
- announce a price hike
- lead to a price hike
Word family
hike noun / verbincrease noun / verbpricey adjective
Common mistakes
hike the price→a price hike
increase of price→increase in price
Say it for a higher band
5price go up→6price increase→7+price hike
Synonyms
price increase
price rise
Easily confused
price rise
“The sudden price rise caught shoppers by surprise.”
Related words
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In Shopping & Money
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