Israel: Manufacturing PMI rises to six-month high in April
The Bank Hapoalim/IPLMA Manufacturing Purchasing Managers’ Index (PMI) rose to 51.2 in April from March’s 47.4. As a result, the index rose above the 50.0 no-change threshold, signaling an improvement in business conditions from the previous month.
The rise came on the back of an improvement in local demand. In addition, output and exports improved.