World at rising risk of recession

The global economy is increasingly at risk of falling into recession – surveys from Asia, Europe and the U.S. show that consumers face generation-high inflation and surging energy costs
  

Purchasing Managers’ Index (Composite PMI*, percent) 
0% Change on previous month
 
0 10 20 30 40 50 60
PMI below 50 indicates economic contraction	Expansion
 
India Jul 	+1.6% 58.2
Dubai Jul 	+0.3% 56.4
Norway† Jul 	-1.4% 54.6
Netherlands† Jul -1.4% 54.5
Ireland Jul 	-1.3% 51.8
Austria Jul 	-0.5% 51.7
UK Aug 		-1.2% 50.9
France Aug 	-1.9% 49.8
Australia Aug 	-1.3% 49.8
Eurozone Aug 	-0.7% 49.2
Japan Aug 	-1.3% 48.9
Germany Aug 	-0.5% 47.6
U.S. Aug 	-2.7% 45.0
  

*Weighted average of manufacturing and service sectors. †Manufacturing PMI


Sources: S&P Global, Trading Economics, Bloomberg 
Pictures: Getty Images 
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