Ifo World Economic Climate Almost Unchanged – Results of the 127th World Economic Survey (WES) for the First Quarter of 2015

The Ifo Indicator for the World Economy rose slightly, after falling sharply in the previous quarter. The improvement in the world economic climate resulted from somewhat more positive economic expectations. Assessments of the current business situation remained at the previous quarter’s level. The world economy as a whole was not very dynamic, but there were significant differences at a regional level.