Israel Economic Sentiment August 2018

Israel

Israel: Consumer sentiment deteriorates in August, business sentiment improves

September 19, 2018

In August, confidence among consumers deteriorated while firms became more optimistic.

Data released by the Central Bureau of Statistics (CBS) showed that consumer confidence dropped from minus 8.0 points in July to minus 12.9 points in August. This deterioration in sentiment reflected a worsening of consumers’ views of the economic situation in Israel and of their personal financial situation. Subsequently, consumers grew more pessimistic about their ability to save.

Conversely, business sentiment increased from 22.5 points in July to 23.3 points in August.

FocusEconomics Consensus Forecast panelists expect private consumption to grow 4.0% in 2018, which is up 0.2 percentage points from last month’s forecast, and 3.6% in 2019. Our panelists expect fixed investment to expand 6.3% in 2018, which is up 0.8 percentage points from last month’s forecast, and 5.1% in 2019.


Author:, Economist

Sample Report

Looking for forecasts related to Economic Sentiment in Israel? Download a sample report now.

Download

Israel Economic Sentiment Chart


Israel Economic Sentiment August 2018

Note: Business and Consumer Confidence Indicators.
Source: Central Bureau of Statistics (CBS).


Israel Economic News

More news

Search form