Israel: Businesses less confident while consumers' confidence improves in February
March 9, 2015
The business confidence index elaborated by the Central Bureau of Statistics (CBS) fell from 1.1 points in January to 0.3 points in February, thus reaching the lowest level in three months. According to the CBS, February’s moderation was due to a deterioration in the majority of the sub-components that comprise the index.
Conversely, the consumer confidence index rose from minus 22.7 in January to minus 21.2 in February, thus reaching the highest level since June 2012.