What is the opposite of “skyrocket”?

I recently came across a situation where something was decreasing rapidly. My friend was led to say:

The price of fuel has really skyrocketed downwards lately.

Something about this statement sounded wrong. Surely a skyrocket must always go up, by definition.

What would be a more suitable word or phrase to describe something that is decreasing rapidly?



  1. Fall or drop straight down at high speed.
  2. Decrease rapidly in value or amount.

Source : Link , Question Author : Urbycoz , Answer Author : RegDwigнt

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