Price Escalation Letter Sample – Sample Letter to Inform Customer About the Price Increase

To,
____________,
____________,
____________ (Receiver’s details)

Date: __/__/____ (date)

Subject: Price increase

Respected Sir/Madam,

Thank you for continuing to be a valuable customer to our company. Looking at the current scenario with the sudden increase in the price of ___________ (mention raw material), we had to issue an increase in the price of the following items:

1. _____________ (Product name)
2. _____________ (Product name)
3. _____________ (Product name)

The list of updated prices will be shared with you by _______________ (date). We expect your kind understanding of the increase in price. We assure to serve you better and thank you for continuing to choose us for such a long duration in the past and believe to do better business in the future as well.

For ____________ (name of the company),
____________ (your name, signature, and stamp),
____________ (designation),
____________ (contact details)