Meaning of “soaring” in the English Dictionary

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"soaring" in Business English

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soaringadjective [ before noun ]

uk /ˈsɔːrɪŋ/ us

increasing quickly in amount, number, value, or level:

soaring costs/prices/sales For most of the summer, consumers in America were insulated from the soaring cost of crude oil.

(Definition of “soaring” from the Cambridge Business English Dictionary © Cambridge University Press)