The phrase "almost offset" is correct and usable in written English.
It can be used to describe a situation where something is nearly balanced or countered by another factor, but not completely.
Example: "The increase in production costs was almost offset by the rise in sales revenue."
Alternatives: "nearly balanced" or "partially countered".
The stronger-than-expected increase owed much to an improved trade performance, which almost offset the adverse effects on growth of falling housebuilding.
But those are almost offset, the budget officials said, by declines in revenue from sales and income taxes, which provide more than three-fourths of the state's money.
In a separate report, the Labor Department said that consumer prices rose only two-tenths of 1percentt last month, the same as the July increase, as higher apparel prices were almost offset by a decline in gasoline costs.
That may not be much off the £1,138 average annual bill, but it would almost offset the cost of Hinkley Point C, the nuclear power station that will add at least £10 to bills.
Donald Fine, chief market analyst at Chase Asset Management, said durable goods orders remained very strong; the January decline was almost offset by the upward revision to the December number.
In the UK music market, total sales of albums and singles fell by just 0.5% to £1.04bn, as the popularity of digital downloads and streaming services almost offset the continuing plummeting sales of CDs, according to the music industry trade body BPI.
Total advertising fell by just 1% to £11.2m, with growth in digital advertising almost offsetting the decline in print.
Gold imports have hit $50 billion a year, almost offsetting the boost the balance of payments gets from remittances from Indians abroad.Some service industries do seem to be shifting from India.
Differences in emissions from local travel between most central and most suburban zones were almost completely offset by differences in emissions from international travel.
Some explanations are simple: Gains in efficiencies are almost always offset by increased consumption.
But these disruptions in supply have been almost perfectly offset by the increases in output from America's shale boom.
