price increase
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price increase
The raising of the sale price for a product or a service.
Wegen gestiegener Rohstoffkosten kündigte der Hersteller eine Preiserhöhung für alle seine Produkte an.
Because of rising raw material costs, the manufacturer announced a price increase for all its products.
The word consists of 'Preis' (price) and 'Erhöhung' (increase). 'Erhöhung' comes from the verb 'erhöhen' (to increase / to make higher), which means 'höher machen' (to make higher). A 'Preiserhöhung' (price increase) is therefore the act of making a price higher.
Die Erhöhung der Steuern führte zu einer allgemeinen Preiserhöhung.
The increase in taxes led to a general price increase.
To state the amount of the increase, you use the preposition 'um' (by), e.g. 'um 5%' (by 5%). To name the affected product, you use 'für' (for), e.g. 'für Milch' (for milk).
Es gab eine Preiserhöhung um 10 Cent für einen Liter Milch.
There was a price increase of 10 cents for a liter of milk.
A price increase is an action taken by a seller. Typical verbs in this context are 'ankündigen' (to announce), 'durchführen' (to implement), 'beschließen' (to decide), or 'rechtfertigen' (to justify).
Der Energiekonzern musste die Preiserhöhung mit gestiegenen Kosten rechtfertigen.
The energy company had to justify the price increase with rising costs.
inflation
'die Inflation' and 'die Preiserhöhung' can both mean that something is becoming more expensive, but they do not mean the same thing. 'Inflation' describes a general economic process: many prices rise, and money loses value. 'Preiserhöhung' means a specific increase in a price, for example for a ticket, rent, or a product. Learners may confuse the words because price increases can be part of inflation. For a single price, you say 'Preiserhöhung'; for the general rise in prices, you say 'Inflation'.
Im Fitnessstudio ärgert sich Nico über die Preiserhöhung ab nächsten Monat.
At the gym, Nico is annoyed about the price increase starting next month.
Die Inflation ist ein Grund, warum viele Menschen genauer auf ihre Ausgaben achten.
Inflation is one reason why many people are paying closer attention to their spending.