Israel: Business and consumer sentiment sour in October
November 14, 2019
Confidence among Israeli households worsened from minus 9 in September to minus 10 in October. The drop in sentiment was driven by a less upbeat outlook regarding the general economy and households’ own economic situation.
Meanwhile, business sentiment fell from 26 in September to 22 in October, likely driven in part by ongoing political gridlock.
Author: Oliver Reynolds, Economist