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The phrase "accelerated sharply" is correct and usable in written English.
It can be used to describe a sudden and significant increase in speed, growth, or intensity in various contexts, such as economics, science, or general descriptions of change.
Example: "The company's profits accelerated sharply in the last quarter, indicating a strong recovery from the previous year's losses."
Alternatives: "increased dramatically" or "rose rapidly."
Exact(56)
In America, productivity growth appears to have accelerated sharply in the past few years although Mr Brynjolfsson would argue that the acceleration would look milder if the costly investment in organisational change could be properly measured.
But it has accelerated sharply under austerity.
Dinkins, but accelerated sharply during the Giuliani administration.
This trend accelerated sharply with the demise of colonialism four decades ago.
The disclosure confirmed widespread suspicions that Chrysler's slide had accelerated sharply.
It's a trend that's been going strong since 1970, although the decline has accelerated sharply.
Since the Great Recession started, the participation-rate decline, which began around 2001, has accelerated sharply.
It then accelerated sharply at the turn of the millennium, thanks to surging house prices and the dotcom boom.
While the academies programme began under Labour, it accelerated sharply when Gove took over at the DfE.
Similar(2)
This trend is now likely to accelerate sharply.
We expect consumer price inflation to accelerate sharply from this point onwards, averaging 2.7% in 2017.
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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