Ifo’s third quarter global economic sentiment deteriorated

The World Economic Sentiment Index of the Munich-based ifo Economic Research Institute has deteriorated for the third quarter – according to the results of the World Economic Survey (WES) sent to MTI on Monday.

The world economic sentiment index of the ifo Institut – Leibniz-Institut für Wirtschaftsforschung an der Universität München e.V. and its two sub indexes, the current situation and the perception of prospects sub indexes both deteriorated in the third quarter compared to the previous quarter. (MTI)