The following is excerpted from a 16 May 2012 news release by the International Chamber of Commerce.
Results of the ICC-Ifo World Economic Survey, released today, showed a fresh rise in the climate indicator during the second quarter of 2012, reaching 95.0, up from 82.4 in the previous quarter, and confirmed a trend towards recovery in the world economy.
These results are only slightly below the long-term average of 96.7 (1996-2011) for the World Economic Survey, conducted by the Munich-based Ifo Institute for Economic Research and the International Chamber of Commerce (ICC).
This release is available in its entirety at:
http://www.iccwbo.org/policy/economic/index.html?id=48317