price spike
Sudden price increase
A price spike is a sudden, sharp increase in the cost of something, typically followed by a decline.
The term appears most often in discussions of commodities, stocks, or essential goods: The oil price spike caught consumers off guard.
Unlike gradual inflation, a spike suggests dramatic movement over a short period—days or weeks rather than months.
- surgeSudden powerful increase
- skyrocketRise sharply and suddenly
- inflationSustained price level increase
- cost of livingPrice of basic necessities
- soarAscend to heights
sharp increase · jump · hike · shock · gouge · bubble · crash · volatility · market · oil · gas · natural gas · crude oil · panic · panic buying · shortage · demand · speculation
- market movementsup, down, rising, falling, increase
- Energy Marketsspot market, wholesale market, power exchange, bid, ask
- commodity boomoil boom, gold rush, mining boom, energy boom
- increasesincrease, rise, gain, boost, hike
- Energy Crisisoil shortage, gas shortage, fuel crisis, power outage, rolling blackout
- faminestarvation, mass starvation, hunger, famine victims, crop failure
direction of price movement
price spikeprice collapse
Rapid value decline
price drop · market crash · flash crash · deflation · markdown
price, spike, prices, priced, pricing, pricey, priceless, spikes, spiked