Israel Economic Sentiment May 2017

Israel

Israel: BoI State of the Economy index inches down in May

June 25, 2017

In May, the Bank of Israel (BoI) Composite State of the Economy index rose 0.28% from the previous month, which was below April’s 0.38% increase. May’s moderation was due to weaker industrial production and retail sales, which were partly offset by robust imports.

On an annual basis, the State of the Economy index rose 4.8% in May, down slightly from April’s 4.9% increase.

FocusEconomics Consensus Forecast panelists foresee the economy growing 3.3% in 2017, which is unchanged from last month’s estimate. For 2018, the panel projects that the economy will expand 3.4%.


Author: Marlène Rump, Senior Data Analyst

Sample Report

Looking for forecasts related to Economic Sentiment in Israel? Download a sample report now.

Download

Israel Economic Sentiment Chart


Israel State of Economy May 2017

Note: Month-on-month and year-on-year variations in %.
Source: Bank of Israel (BoI) and FocusEconomics calculations.


Israel Economic News

More news

Search form