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Discover LudwigThe phrase "prices surged" is correct and usable in written English.
It can be used to describe a significant increase in prices, often in the context of markets or economic conditions.
Example: "After the announcement of the new product, prices surged, leading to a rush of buyers."
Alternatives: "prices skyrocketed" or "prices jumped."
Exact(55)
Prices surged.
Used-car prices surged.
Commodity prices surged.
Stock prices surged 86%.
Prices surged and yields fell.
Corn prices surged.
Iron ore prices surged tenfold.
Politically sensitive food prices surged by 11.7%.
Home prices surged to a record.
As art prices surged, so did Christie's shares.
The dollar fell sharply, and oil and gold prices surged.
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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