Worsening sentiment in the global economy

According to the WES survey (World Economic Survey of the Munich-based ifo Economic Research and the Paris-based ICC International Chamber of Commerce; The global business climate index deteriorated in the third quarter.

The analysis concludes that not only the current situation outlook was deteriorated among the surveyed professionals, but the outlook for the next six months also became worse.

In the third quarter, the global economic business sentiment index decreased to 97.7 points from the 107.7 points of the second quarter – reports MTI.