Israel: Consumer and business sentiment improve in September
October 14, 2018
Data released by the Central Bureau of Statistics (CBS) showed that consumer confidence rose from minus 12.9 points in August to minus 8.3 points in September. This improvement represented a broad-based rise in consumer sentiment: Expectations regarding household savings, the labor market, the country’s economic situation and the economic situation of household specifically all improved.
Meanwhile, business sentiment inched up from 23.3 points in August to 23.4 points in September.
Author: Edward Gardner, Economist