The ifo index indicates optimistic global economy sentiment

The German ifo Economic Research Institute’s world's economic sentiment index has improved in the first quarter of 2012 after two consecutive quarterly decline.

The indicator for the first quarter of 2012 rose to 82.4 points from the 78.7 points of the fourth quarter of 2011.
The index reflecting on the current economic environment, decreased to 84.1 points from the 86.0 points of the preceding quarter.
The index reflecting on the assessment of the business prospects of the next six months, increased to 80.7 points from 71.9 points – reports MTI.