The phrase "a sharp decline in the value" is correct and usable in written English.
It can be used when discussing a significant decrease in worth or importance, often in financial or economic contexts.
Example: "The company reported a sharp decline in the value of its stock over the past quarter."
Alternatives: "a steep drop in value" or "a significant decrease in worth."
Compounding South Korea's problems is a sharp decline in the value of its currency, the won.
The improved offer came after a sharp decline in the value of the pound since Britain's vote to leave the European Union in late June.
Chinese finance officials feared that any significant movement away from U.S. dollar assets could trigger a sharp decline in the value of those assets.
However, it would be surprising if this growth were maintained in view of Second Life's managerial problems and a sharp decline in the value of land within the virtual world.
Addressing the wider economic impact of Brexit, Davies predicted a further rise in inflation, which hit 1% last month, after the referendum sparked a sharp decline in the value of sterling.
The South African financial services company Old Mutual said its profit fell sharply last year, hurt by falling stock markets and a sharp decline in the value of the South African rand.
Region 2 shows a sharp decline in the values of storage modulus with the increase in the values of temperature (65°C to 90°C), i.e., the material changes from glassy to rubbery transition regime in the temperature range of 65°C to 90°C; due to a sharp drop in the value of storage modulus, the material has lost its usefulness as a structural material.
The overstatement combined with poor performance in Tesco's stores at home and abroad to prompt a sharp decline in the market value of Britain's biggest retailer.
A sharp decline in the real value of state pensions in Russia during the late 1990 s, for example, was associated with a reduction in the use of health services, protein consumption and life expectancy amongst pensioners [ 4].
What steps, if any, were taken to balance the economy after a sharp decline in the dollar's value?
The data comes on the back of a series of recent aggressive policy moves, which have resulted in a sharp decline in the yen's value.
