Israel: Composite State of the Economy Index rebounds in February
March 24, 2021
The Bank of Israel’s Composite State of the Economy Index rose 0.40% month-on-month in seasonally-adjusted terms in February (January: -0.26% mom), supported by the easing of the third lockdown.
On an annual basis, economic activity fell at a more moderate pace of 0.2% in February (January: -0.6% yoy).
Author: Oliver Reynolds, Economist