Israel Economic Sentiment March 2018

Israel: Consumer confidence hits all-time high in March on employment gains; business confidence ticks up to three-month high

In March, the Central Bureau of Statistics’ (CBS) consumer confidence indicator inched up from minus 9.1 points in February to minus 9.0 points—an all-time high. Despite the improvement, the index remained firmly entrenched in negative territory, where it has been since the survey began in March 2011.

March’s marginal increase was due a marked improvement in consumers’ expectations towards unemployment, which offset growing pessimism towards household savings and broader economic development. Consumers’ brighter outlook on jobs also offset weaker optimism towards their own economic prospects.

Moreover, business confidence ticked higher in March, rising to a three-month high of 22.1 points from 20.5 in February.

Free sample report

Access essential information in the shortest time possible. FocusEconomics provide hundreds of consensus forecast reports from the most reputable economic research authorities in the world.
Close Left Media Arrows Left Media Circles Right Media Arrows Right Media Circles Arrow Quote Wave Address Email Telephone Man in front of screen with line chart Document with bar chart and magnifying glass Application window with bar chart Target with arrow Line Chart Stopwatch Globe with arrows Document with bar chart in front of screen Bar chart with magnifying glass and dollar sign Lightbulb Document with bookmark Laptop with download icon Calendar Icon Nav Menu Arrow Arrow Right Long Icon Arrow Right Icon Chevron Right Icon Chevron Left Icon Briefcase Icon Linkedin In Icon Full Linkedin Icon Filter Facebook Linkedin Twitter Pinterest