Israel: Both businesses and consumers more confident in August
September 24, 2015
The business confidence index elaborated by the Central Bureau of Statistics (CBS) rose from 2.0 in July to 3.8 in August. According to the CBS, August’s increase was due to an improvement in the majority of the sub-components that comprise the index.
In addition, the consumer confidence index increased from minus 19.8 in July to minus 17.8 in August.
Author: Dirina Mançellari, Senior Economist