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encarecimiento

price increase

noun en-kah-reh-see-MYEN-toh Rare

Also means

rise in cost

Usage Note

Encarecimiento is a formal economics and news-media term for the general rise in the cost of goods or services, e.g. el encarecimiento de la vivienda 'the rise in housing costs'. It derives from encarecer ('to make dearer'). Learners should not confuse it with encarcelamiento ('imprisonment'), which sounds similar.

Examples

"El encarecimiento del combustible afecta a todos."

Natural Translation

The rise in fuel costs affects everyone.

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