Israel: Businesses less confident while consumer confidence improves in April
May 11, 2015
The business confidence index elaborated by the Central Bureau of Statistics (CBS) fell from 2.5 in March to 0.5 in April. According to the CBS, April’s decrease was due to a deterioration in the majority of the sub-components that comprise the index.
Conversely, the consumer confidence index rose from minus 17.0 in March to minus 16.1 in April, thus reaching the highest value since October 2011.
Author: Dirina Mançellari, Senior Economist