Rising Prices (Noun)
Meaning
A general and progressive increase in prices; "in inflation everything gets more valuable except money".
Classification
Nouns denoting natural processes.
Examples
- The constant rising prices of housing and food have made it increasingly difficult for low-income families to make ends meet.
- Rising prices have become a major concern for small business owners, who struggle to maintain profit margins despite increasing costs.
- As a result of rising prices, the purchasing power of consumers has decreased, forcing them to cut back on discretionary spending.
- To combat rising prices, many countries have implemented monetary policies aimed at controlling inflation and stabilizing the economy.
- Rising prices have also led to a surge in poverty rates, as those living on fixed incomes or minimum wage struggle to keep up with the increasing cost of living.