price spikes

Sudden cost jumps

Price spikes are sudden, sharp increases in the cost of something, typically commodities, stocks, or essential goods.

The term implies a rapid upward movement followed by a return toward normal levels, unlike a sustained price increase: Oil price spikes during the crisis sent gasoline above five dollars a gallon.

Markets may experience price spikes due to supply disruptions, panic buying, or speculation.

Related

commodity · crude oil · oil · natural gas · gas · market · crash · panic · panic buying · shortage · supply chain · demand · speculation · trading · bubble · soaring · sticker shock · escalation

Categories
Opposites
direction of price movement

price spikesprice drops

Decreases in cost

fire sales

price stability

price spikesprice stability

Consistent general price levels

market stability · fixed prices · price ceilings · price controls

Family

price, prices, priced, pricing, pricey, priceless, spike, spikes, spiked

Familiarity
Top 200,000
Profile
Used worldwide · Timeless · Negative · Everyday, not technical · Rated G