The phrase "a recent upward" is not complete on its own but can be correct when used in a proper context.
It can be used when discussing trends, statistics, or changes that have occurred recently in a positive direction.
Example: "There has been a recent upward trend in sales, indicating a recovery in the market."
Alternatives: "a recent increase" or "a recent rise".
For example, said Emil Wolter, head of Asian strategy at RBS in Singapore, the estimate this week did not include a more recent upward revision in targeted privatizations in India.
But a further worsening of economic conditions, particularly one that is accompanied by a reversal of recent upward pressure on inflation, could change that outlook.
The dollar dropped sharply yesterday against the Japanese yen and other leading currencies, but dealers argued that the decline did not signal an end to the recent upward trend.
Some of that recent upward mobility is a result of the postwar boom – which it's now fashionable to claim was a one-off in the history of capitalism.
Analysis of figures from the Office for Budget Responsibility OBRR), the government's independent forecasting body, has found that Britain's finances would not be forecast to hit a budget surplus by 2019-20 without recent upward revisions to net migration numbers.
Commercial real estate will suffer, and an erosion in rents could reverse the recent upward trend in REIT stocks.
China would therefore be wise to move cautiously in liberalising its capital account, but should move more rapidly towards greater exchange-rate flexibility.Yuan at a timeThe Chinese have tried to offset the recent upward pressure on the yuan by easing controls on capital outflows, for instance by allowing firms to invest abroad.
But Brown and Gladstone are at one in believing that what matters to the working person (hardworking or no) is not minor changes in duty on the purchase of goods but maximum employment - on which so far Brown has had a remarkably good record, marred only by the recent upward trend in unemployment, which only seems to worry one member of the nine-strong Bank of England's monetary policy committee.
"It is conceivable that the decisive outcome to the election could encourage a pick-up in instructions to agents and ease some of the recent upward pressure on house prices, but it is doubtful that this will be substantive enough to provide anything more than temporary relief.
Simon Rubinsohn, Rics chief economist, said: "It is conceivable that the decisive outcome to the election could encourage a pick-up in instructions to agents and ease some of the recent upward pressure on house prices, but it is doubtful that this will be substantive enough to provide anything more than temporary relief.
