Industry in Israel
Israel - Industry
Industrial production skyrockets in September due to base effect
In September, industrial production expanded a seasonally-adjusted 2.0% over the previous month. The reading was significantly below the revised 4.7% expansion tallied in August (previously reported: +3.9%).
On an annual basis, industrial production expanded 19.4% in September mainly due to a base effect. September’s annual reading was far above the 6.4% recorded in the previous month and marked the highest reading since May 2010. As a result of the annual increase, annual average variation in industrial production jumped from 1.2% in August to 3.3% in September and now stands at the highest level since April 2013.
FocusEconomics Consensus Forecast panelists expect industrial production to expand 1.0% in 2014, which is unchanged from last month’s forecast. For 2015, participants expect industrial output to increase 3.9%, which is also unchanged from last month’s projection.
Israel - Industry Data
|Industrial Production (annual variation in %)||2.2||1.7||3.7||3.5||2.9|
5 years of economic forecasts for more than 30 economic indicators.
Israel Industry Chart
Source: Central Bureau of Statistics
|Bond Yield||0.98||-1.69 %||Jan 01|
|Exchange Rate||3.46||-0.37 %||Dec 31|
Get a sample report showing our regional, country and commodities data and analysis.
Request a Trial
Start working with the reports used by the world’s major financial institutions, multinational enterprises & government agencies now. Click on the button below to get started.
October 7, 2021
At its 14 October meeting, the Bank of Israel (BoI) left the policy rate at 0.10%. The decision to keep rates stable at their current low level was likely driven by continued uncertainty over the economic outlook, due to the possibility of further waves of Covid-19.
October 6, 2021
The Bank of Israel’s Composite State of the Economy Index grew 0.28% in month-on-month seasonally-adjusted terms in August, which was above July's 0.21% increase.
September 16, 2021
The Manufacturing Purchasing Managers’ Index (PMI), produced by Bank Hapoalim and the IPLMA came in at 54.1 in August, up from July's 46.8.
September 15, 2021
Consumer prices increased 0.30% from the previous month in August, below July's 0.39% rise.
September 15, 2021
Merchandise exports jumped 23.5% year-on-year in August (July: +33.7% year-on-year).