The phrase "skyrocketed by" is correct and can be used in written English.
It typically indicates a significant increase in something, often in a short amount of time. It is often used in news articles, financial reports, and other formal writing. Example: The company's stock price has skyrocketed by 50% in the last quarter, thanks to a successful product launch and increased demand for their goods.
Inflation, however, skyrocketed by 75% over that same period.
In total, over the last five years, domestic spending will have skyrocketed by more than 40percentt.
But for white men and women, the rates skyrocketed by 60 to 75 percent and were particularly dramatic among younger people, ages 20 to 54.
The president said that "performance has skyrocketed by more than 60 percent in math," and that graduation rates rose to 63 percent, from 36 percent.
A study by the Congressional Budget Office found that, between 1997 and 2005, Medicare payments for individual treatments fell by 5 percent, but the total spent on these services skyrocketed by 35 percent.
According to a study by the Yahoo-owned analytics firm Flurry, personalization app usage in 2015 skyrocketed by 332% with the majority of that increase driven by emoji keyboards.
Eileen Green, whose Bellport agency bears her name, said the tight market had sent prices skyrocketing by as much as $100,000 in the last year for the older colonials favored by wealthier buyers.
His claim to fame started when he won the national DMC Championship in 2003, and he continued to skyrocket by receiving many honourable mentions in local and international media.
The economic downturn has sent applications for federal student aid skyrocketing by 20% for fall 2009 enrollment, compared with the previous year.
To put the rumored Samsung figure into perspective, even after skyrocketing by more than a fourth, BlackBerry remains worth just $5.56 billion.
Travel behemoth Priceline this morning said that it planned to gobble up restaurant booking service OpenTable for $2.6 billion in cash, news that sent OpenTable's share price skyrocketing by nearly 50percenttotoverer $104 per share.
