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Ifo World Economic Climate Suffers Setback – Results of the 117th World Economic Survey (WES) for Q3 2012

Gernot Nerb, Johanna Garnitz
ifo Institut, München, 2012

ifo Schnelldienst, 2012, 65, Nr. 16, 38-47

The indicator for the Ifo World Economic Climate fell in the third quarter of 2012 after rising twice in succession. The deterioration is due both to more unfavourable assessments of the current situation and less positive expectations for the next six months. The results represent a setback in terms of the world economy’s recovery.

JEL Classification: F010,O100

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ifo Institut, München, 2012