Encarecimos

Encarecimos is a Spanish word that translates to "we increased" or "we made more expensive" in English. It is the first-person plural preterite indicative form of the verb encarecer. This verb has several meanings, primarily related to raising prices or becoming more costly.

When used in the context of commerce or economics, encarecimos typically refers to a situation where prices have gone up. For instance, a business owner might say "Encarecimos nuestros productos debido al aumento de los costos de las materias primas," meaning "We increased the prices of our products due to the rise in raw material costs." It can also be used to describe a general trend of rising costs in an economy.

Beyond monetary value, encarecer can also mean to make something more valued or appreciated. In this sense, encarecimos could imply that a particular item or situation became more precious or significant to someone. For example, "Encarecimos la amistad de Juan después de su ayuda," could mean "We valued Juan's friendship more after his help." However, the most common usage relates to an increase in price.