Oliver Mangan: Recent evidence points to economic rebound after Covid restrictions lifted

Recoveries from recessions usually take much longer than this. However, this is a unique cycle.

A release of pent-up consumer spending demand is expected when shops are allowed to reopen.

Economic activity in many countries during the opening months of 2021 continues to be greatly inhibited by Covid restrictions.

Forecasters, though, are not scaling back their growth projections for the world economy this year.