All W recession articles

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    Hopes of a recovery on shaky ground

    2009-07-07T12:27:00Z

    You’d be forgiven for thinking that the latest CIPS/Markit Purchasing Managers’ Index (PMI) would provide a better read than June’s figures. After seeing the rate of contraction ease consecutively for four months, the PMI took a turn for the worse fuelling speculation of a ‘w-shaped’ recession.Coming in with a reading ...