Is it too early to stop and take a little sniff of the roses? Or at least to notice that there are some tiny rosebuds to smell? It seems to me that spring has arrived in the garden of our national economy. No harvest yet, mind you, but some real progress. Now is the time to dig, prune and fertilise, so that we can enjoy the flowers some time soon.

Are there really green shoots? The data from a variety of sources all points in the right direction: ..

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