Israel

Israel PMI April 2019

Israel: Manufacturing PMI dips in April

The Purchasing Managers’ Index (PMI), produced by Bank Hapoalim and the Israeli Purchasing & Logistics Managers Association (IPLMA), fell from 52.2 in March to 51.9 in April, but remained above the neutral 50-point mark separating contraction from expansion in the manufacturing sector.

The change in the headline figure was driven by slower growth in production and employment, and a sharper contraction in export demand. In contrast, domestic demand growth strengthened.

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