The Global economic climate indicator improves significantly

According to the Munich based Ifo market research company, in the third quarter the global economic climate will continue to improve, especially the six-month expectations appear to be promising.

IFO’s  three global economic climate indicatot improved the second time since 2007 autumn.
The index for the third quarter rose from 64.4 points to 78.7 points, the six-month expectations index increased to 114.0 points from the 89.5 points which was recorded in the previous quarter. It is the highest level of the last five years – reports Privátbankár.hu.