Israel Economic Sentiment March 2016

Israel

Israel: Business confidence remains stable in April

April 7, 2016

The business confidence index elaborated by the Central Bureau of Statistics (CBS) tallied 17.7 in April, thus matching March’s reading and remaining at the highest level on record.

In addition, the consumer confidence index increased from minus 17.3 in February to minus 13.7 in March (the latest month for which data is available), thus marking a multi-year high level. Despite the monthly increase, consumer confidence remains in negative territory.

FocusEconomics Consensus Forecast panelists expect fixed investment to contract 4.4% in 2016, which is down 0.7 percentage points from last month’s projection. For 2017, the panel sees fixed investment growing 4.9%. Panelists expect private consumption to grow 3.4% in 2016, which is unchanged from last month’s estimate. The panel expects private consumption to grow 3.6% in 2017.


Author:, Senior Economist

Sample Report

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

Download

Israel Economic Sentiment Chart


Israel Economic Sentiment March 2016 0

Note: Business and Consumer Confidence Indicators.
Source: Central Bureau of Statistics (CBS).


Israel Economic News

More news

Search form