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Discover LudwigThe phrase "have fallen by" is correct and usable in written English.
You would use it when discussing something that has decreased or dropped in value. For example, "Stock prices have fallen by 25% since yesterday."
Exact(60)
Daytrips have fallen by almost half.
In France, they have fallen by half.
Welfare rolls have fallen by 24%.
Imports have fallen by a staggering 45%.
Tax receipts have fallen by a fifth.
Its shares have fallen by 23% this year.
Standards have fallen by international standards.
Arguably, values have fallen by the wayside.
Friendships have fallen by the wayside too.
Attrition rates have fallen by a similar amount.
The numbers have fallen by two-thirds since 1988.
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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