10% increase in annual price - Webhosting renewals

10% increase in annual price – Webhosting renewals

Hello,

I wanted to get some insight on webhosting practices.

Is it normal for a web host business to increase a customers annual renewal by 10% every year ?

I have webhosting through HostNine, and I have noticed a pattern I am seeing every year, which is an automatic 10% increase in my yearly renewal.
The last 3-4 years, there has always been a 10% increase.

To me it seems pretty high, especially as it go on and eventually makes more expensive web hosting providers seem like a cheaper option.

Anyone else ever increase their clients web hosting annual renewal by 10% or more ?

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