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Discover Ludwig'soaring inflation' is correct and can be used in written English.
You could use it when referring to an increase in prices in a particular area or region. Example sentence: The soaring inflation in the region has caused prices to rise significantly over the last few months.
Exact(60)
Soaring inflation means the economy will stagnate.
Nor do markets seem to fear soaring inflation.
The result has been soaring inflation and trade deficits.
Soaring inflation, particularly of food and basic commodities, had further undermined the government.
The result was soaring inflation (reaching about 300 percent) and rising unemployment.
These hawks spent years warning that soaring inflation was just around the corner.
Beijing does have its own worries, like soaring inflation and housing prices and an overheating economy.
The demonstrations last week were the latest sign of growing unease in China about soaring inflation.
Crackpot economic policies have brought food shortages, soaring inflation and rising poverty.
In contrast, Mr Maduro must grapple with a rotten legacy: soaring inflation, widespread shortages and crime.
Capital flight accelerated to $22 billion in 2011 as fears spread over soaring inflation.
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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