ifo: the world economy mood is still good

By: Trademagazin editor Date: 2017. 08. 14. 11:08

The world economic mood index is still close to a three-year peak in the third quarter, though the indicator has declined from 13.0 points to 12.7 points – according to a quarterly publication published by the Munich-based ifo economics research company on Thursday.

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The respondents considered their current position much more positive than before, and the indicator reached 12.0 points in the third quarter, after the previous quarter’s 4.7 points. The sub-indicator has not been so high since the second quarter of 2011. (MTI)

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