'Global recession increasingly likely as cost of living soars' - Shahpur Turk CSC - Common Service Centre in Sonipat 'Global recession increasingly likely as cost of living soars'

29 September 2022

'Global recession increasingly likely as cost of living soars'

A global recession is becoming increasingly likely due to stubbornly high inflation and real wages continuing to fall, the World Economic Forum said on Wednesday citing a survey of chief economists from across the world.

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