Global economy dodges recession by narrowest of margins: Kemp - Reuters:
The global economy may have narrowly avoided a recession, with most industrial and financial indicators pointing to a slight improvement in September-October after a sharp slowdown in the middle of the year.
World trade volumes were down almost 1.5% in the three months from June to August compared with the same period a year earlier, the worst performance since the recession of 2008/09.
The trade data are the most recent available from the Netherland Bureau for Economic Policy Analysis (“World trade monitor”, CPB, Oct. 25).
Since then, however, most equity and bond market indicators as well as industrial production surveys have shown the slowdown has eased (tmsnrt.rs/2O1uDoV).
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