Israel: Business confidence improves but consumer confidence worsens in October
November 10, 2014
The business confidence index elaborated by the Central Bureau of Statistics (CBS) swung from minus 1.7 points in September to plus 0.1 points in October. According to the CBS, October’s rise was due to an improvement in all of the sub-components that comprise the index, with accommodation services showing the greatest improvement over the previous month.
The consumer confidence index inched down from minus 25.1 in September to minus 25.3 in October and continued the downward trend that began in May.