Israel Economic Activity June 2022

Israel: Composite State of the Economy Index rebounds in June

The Bank of Israel’s Composite State of the Economy Index expanded 0.05% in month-on-month seasonally-adjusted terms in June, which contrasted May’s 0.10% decrease. June’s figure was driven by higher manufacturing imports in the month, and stronger industrial production and services revenue in May. The index is calculated using the latest available data and hence uses a combination of figures from recent months to provide a comprehensive picture of the economy’s performance.

On an annual basis, economic activity rose at a more moderate pace of 1.8% in June (May: +2.1% yoy), the worst result since March 2021.

Free sample report

Access essential information in the shortest time possible. FocusEconomics provide hundreds of consensus forecast reports from the most reputable economic research authorities in the world.
Close Left Media Arrows Left Media Circles Right Media Arrows Right Media Circles Arrow Quote Wave Address Email Telephone Man in front of screen with line chart Document with bar chart and magnifying glass Application window with bar chart Target with arrow Line Chart Stopwatch Globe with arrows Document with bar chart in front of screen Bar chart with magnifying glass and dollar sign Lightbulb Document with bookmark Laptop with download icon Calendar Icon Nav Menu Arrow Arrow Right Long Icon Arrow Right Icon Chevron Right Icon Chevron Left Icon Briefcase Icon Linkedin In Icon Full Linkedin Icon Filter Facebook Linkedin Twitter Pinterest