The phrase "sharp hike" is grammatically correct and can be used in written English.
It is often used to describe a sudden and significant increase in something, such as prices, rates, or numbers. Example: The recent sharp hike in gasoline prices has caused many people to reconsider their daily commute options.
The sharp hike in gas prices charged by the Russians has trimmed the pre-2005 double-digit growth, but has also led to greater energy efficiency.
In addition, the nausea caused by Lee's chemotherapy led to a sharp hike in the amount of money spent on food and washing powder.
For now, a recovering economy is throwing out unexpectedly strong tax revenues, and some of the worst fears about the need for a sharp hike in the consumption tax are fading.
It blamed increasing property taxes, such as the sharp hike in stamp duty and new obligations on non-dom foreign buyers, rather than Brexit, for the decline in prices and activity.
A heatwave in Karachi, last month, reportedly killed 780 people, and Delhi saw a sharp hike in hospital admissions for heatstroke when the temperature rose above 45C in May.
For pensioners, already hit by a sharp hike in fuel prices and the cost of water set to go up by around 18% over the next five years, there'll be more bad news when their council tax bills start dropping through their letterboxes next month.
Sharp hikes in apartment-rental prices in major cities have dissolved neighborhoods and pushed ordinary workers into long commutes.
The more so, given that the dip in temperature coincided with sharp hikes in gas and electricity prices by two of the major suppliers - Powergen and EDF Energy.
Russia's economy looks eerily similar to the 1998 Russian financial crisis which was also characterized by significant declines in the price of oil, a significant decline in the Ruble, sharp hikes in the central bank's key rate, and now a significant run-up in inflation according to data from PriceStats which tracks daily inflation in 22 countries including Russia by monitoring online prices.
What they said: Clinton said Republicans "failed to pass the straightforward legislation necessary to keep the government running without imposing sharp hikes in Medicare premiums and deep cuts in education and the environment".
The study showed increased levels of nitrogen and phosphorus cause sharp hikes in the abundance of trematodes, and that the parasites subsequently form cysts in the developing limbs of tadpoles causing missing limbs, extra limbs and other severe malformations including five or six extra or even no limbs.
