costtrends
nounUK /ˈkɒst trɛndz/
US /ˈkɔst trɛndz/
Costtrends are the way prices go up or down over time.
The report showed costtrends for food and fuel over the past year.
OTHER MEANINGS
2. The general direction in which costs are changing within a business or industry.
Managers studied costtrends before setting next year's budget.
3. A chart or analysis that tracks how expenses rise or fall.
The costtrends graph made it easy to see where money was being spent.
4. Long-term changes in the price of goods and services across a market.
Economists use costtrends to predict future inflation.