"Fare increases" means that the cost of something, usually transportation or services, is going up. It refers to an increase in the price you have to pay for a ticket or a service compared to what it used to be. Full definition
We'll have to see how the interaction of # 1 and # 3 plays out though — closed loop points are less interesting if cash prices for fares increase in a significant way. (milenomics.com)
Other fares increase in a general $ 49, $ 79, $ 99, $ 129 format depending on route length with some variations. (upgradedpoints.com)
The research comes as another round of regulated rail fare increases are set to be announced by the Government later today. (itv.com)