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Economics vocabulary · Economic News and Data

Surge

Meaning in economics, with examples

/sɜːdʒ/verbCommon term

In economics, surge means: To rise suddenly and strongly, used for prices, demand, sales, borrowing or other figures; also a noun for such a rise.

In Turkish: fırlamak, hızla artmak, sıçramak

How it is used

A dramatic headline verb, stronger than rise or increase: oil prices surged, imports surged 20%. As a noun: a surge in demand, a surge in inflation. The opposite in headlines is plunge or slump.

Example sentences

  1. Gold prices surged to a record high as investors looked for safety.

  2. A surge in car imports widened the trade deficit.

Common collocations

  • a surge in demand
  • prices surged
  • a sudden surge
  • surge to a record high
  • slumpA sudden large fall in prices, sales or activity, or a long period when the economy or a market is very weak.
  • reboundA quick rise back up after a fall, for example in growth, prices, demand or the value of a currency.
  • pick upTo increase or improve after a slow or weak period, as when growth, demand, sales or inflation start to rise again.
  • widenTo become larger, used for a gap between two figures such as a deficit, the difference between two interest rates or the gap between rich and poor.

More terms: Economic News and Data

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This page explains English vocabulary for learners. It is not financial advice.