Looking at it in general economical aspect This speculations regarding recession is not surprising if we look at how inflation has drastically risen since the covid pandemic. This has also prompted the rise in interest and causing rise in eventually almost every commodity making it difficult to businesses and to even save. Economic experts have said if the inflation doesn't reduces then it is most likely for recession to hit.

Another area which may push in recession is the war between Ukraine and Russia. Since the start of the war the supply of energy to other countries by Russia has reduced, this could also drive in recession.