1.
soaring; sharp rise; surge
A rapid and significant increase in prices, costs, or market values. Used primarily in economic and financial contexts.
物価が高騰している。
Prices are soaring.
原油価格の高騰が続いている。
The surge in crude oil prices continues.
食料品の高騰で家計が圧迫されている家庭も多い。
Many households are under financial pressure due to soaring food prices.
高騰する functions as a suru-verb meaning "to soar" or "to skyrocket."
COMMON COLLOCATIONS:
- 物価が高騰する (prices soar)
- 地価の高騰 (soaring land prices)
- 株価が高騰する (stock prices surge)
- 原油価格の高騰 (surge in oil prices)
Stronger than 値上がり (price increase), which can be moderate. 高騰 implies a sharp, dramatic rise. The opposite is 暴落 (crash, plunge).