hike in prices

See: inflation
References in periodicals archive ?
The hike in prices means that the price of petrol in Delhi will go up from Rs.
At the same time the government decided to raise fuel prices, it announced its gift of JD50, "a good initiative" by the government as put by Musa Saket, deputy bursar of Amman's Chamber of Industry although he considered it "insufficient" to match the hike in prices.
The pro-Islamist weekly attributed the current hike in prices to many reasons like the "Euro's ever-increasing value, the bad agricultural season, the congestion at the Aqaba port and exporting to Iraq," among other factors.