物價在上漲。

Prices are rising.

Prices are going up.

Source: Tatoeba

Sentence Composition

1 物價 wùjià (commodity) prices

classifier: 個
2 在 zài
  1. to exist; to be alive
  2. (of sb or sth) to be (located) at
  3. (used before a verb to indicate an action in progress)
3 上漲 shàngzhǎng
  1. to rise
  2. to go up