price spike

Frequency: 6.56.2 per million words

A sudden, sharp, and usually temporary increase in price.

spikeNOUN + NOUN

Categories:

price

Examples (10)

  • We've seen a significant price spike in oil prices recently.
  • Experts predict another price spike in housing next year.
  • The sudden price spike caused widespread concern among consumers.
  • If demand continues to outstrip supply, we could face a major price spike.
  • Analysts are trying to understand the factors behind the recent price spike in commodities.
  • Families struggled to cope with the unexpected price spike in essential goods.
  • A severe drought often leads to a price spike in agricultural products.
  • The government implemented measures to mitigate the impact of the energy price spike.
  • This price spike is expected to be temporary, lasting only a few months.
  • Unlike previous years, this year's price spike was more pronounced and sustained.