ifo: the world economy mood is still good

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.

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)