Israel Economic Sentiment October 2018

Israel: Consumer and business sentiment worsen in October

The consumer confidence index dropped from minus 8.3 in September to minus 9.2 in October. The result reflected a deterioration in consumers’ views of their personal financial situation and the economic situation of the country. However, their expectations regarding household savings improved, likely buttressed by a rosier outlook on the labor market.

Lastly, business sentiment inched down from 23.4 in September to 22.6 in October.

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