Israel: BoI State of the Economy index edges up in March
April 30, 2017
In March, the Bank of Israel (BoI) Composite State of the Economy index rose 0.36% from the previous month, which was above February’s 0.26% increase. March’s result was driven by a remarkable rebound in goods and services exports, which more than offset declines in the components for industrial production, manufactured imports and number of jobs in the private sector.
On an annual basis, the State of the Economy index rose 5.2% in March, down slightly from February’s 5.3% increase.