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The phrase "a period of sharp" is correct and usable in written English.
It can be used to describe a specific timeframe characterized by a significant or intense change, often in a negative context such as economic downturns or sharp increases in prices.
Example: "The country experienced a period of sharp decline in its economy, leading to widespread unemployment."
Alternatives: "a phase of intense" or "an era of significant".
Exact(11)
Mr. Harbert led the fund management unit through a period of sharp growth.
It was the beginning of a period of sharp deregulation of the financial industry in general.
Ms. Sills and Mr. Gordon's prececessor, Nathan Leventhal, also went through a period of sharp differences during his 17-year tenure, but ironed them out.
However, it was not: in the mid-1920s – following a period of sharp and prolonged price deflation – hundreds of middenstandsbanken suffered depositor runs and were eventually wound up.
Autumn, usually a good time for job-seekers even in weak economies, was instead a period of sharp decline, as businesses closed, laid off workers or moved them to New Jersey.
Gun arrests by city police officers, long seen as a linchpin of Mayor Rudolph W. Giuliani's crime reduction efforts, are on the rise again after a period of sharp decline following the shooting of Amadou Diallo, police statistics show.
Similar(46)
The continuing Isis insurgency in nearby Arab states and recent terrorist attacks in France and Denmark on Jewish targets have followed a period of unusually sharp violence in Israel and the occupied Palestinian territories.
Uprisings are most likely to occur, Davies said, when a prolonged period of economic and social progress is followed by a short period of sharp reversal.
The setback was the third worst for the index this year, but comes after a prolonged period of sharp gains that started in mid-June.
"The specifics of their experiences of being sexually molested by him had remarkable similarities" — a series of after-class meetings, a period of growing intimacy, sharp criticism alternating with abundant praise, and, finally, demands for sexual acts.
Leon Botstein and his orchestra specialize in thematic programming that often brings a period of music history into sharp and welcome relief.
More suggestions(16)
a period of notable
a period of considerable
a period of abrupt
a period of substantial
a period of sudden
a period of intensive
a period of pronounced
a period of dizzying
a period of exponential
a period of sharply
a period of heated
a land of sharp
a period of political
a series of sharp
a man of sharp
a blend of sharp
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com