Article in Journal
Decline in the Ifo World Economic Climate Indicator: Results of the 133rd World Economic Survey (WES) for the Third Quarter of 2016
Johanna Garnitz, Gernot Nerb
ifo Institut, München, 2016
ifo Schnelldienst, 2016, 69, Nr. 16, 43-54
ifo Institut, München, 2016
ifo Schnelldienst, 2016, 69, Nr. 16, 43-54
![](https://www.ifo.de/DocImg/sd-2016-16-garnitz-nerb-wes-2016-08-25.jpg?c=1689237154)
The Ifo indicator for the world economy declined in the third quarter of 2016 to its lowest level in more than three years. The assessments of the experts on the current economic situation remained unfavourable, and their expectations are much more negative than in the previous quarter.