Industry in Israel
Israel - Industry
Industrial production skyrockets in September due to base effect
In September, industrial production expanded a seasonally-adjusted 2.0% over the previous month. The reading was significantly below the revised 4.7% expansion tallied in August (previously reported: +3.9%).
On an annual basis, industrial production expanded 19.4% in September mainly due to a base effect. September’s annual reading was far above the 6.4% recorded in the previous month and marked the highest reading since May 2010. As a result of the annual increase, annual average variation in industrial production jumped from 1.2% in August to 3.3% in September and now stands at the highest level since April 2013.
FocusEconomics Consensus Forecast panelists expect industrial production to expand 1.0% in 2014, which is unchanged from last month’s forecast. For 2015, participants expect industrial output to increase 3.9%, which is also unchanged from last month’s projection.
Israel - Industry Data
| 2015 | 2016 | 2017 | 2018 | 2019 | |
|---|---|---|---|---|---|
| Industrial Production (annual variation in %) | 2.2 | 1.7 | 3.7 | 3.5 | 2.9 |
Israel Industry Chart
Source: Central Bureau of Statistics
Israel Facts
| Value | Change | Date | |
|---|---|---|---|
| Bond Yield | 0.98 | -1.69 % | Jan 01 |
| Exchange Rate | 3.46 | -0.37 % | Dec 31 |
Sample Report
Get a sample report showing our regional, country and commodities data and analysis.
Request a Trial
Start working with the reports used by the world’s major financial institutions, multinational enterprises & government agencies now. Click on the button below to get started.
Economic News
-
Israel: Bank of Israel keeps rates unchanged in August
August 24, 2020
At its 24 August meeting, the Bank of Israel (BoI) left the policy rate at 0.10%, as expected. The decision was likely driven by a desire to assess the impact of past easing, which has consisted of a 15-basis-point policy cut and less conventional measures such as bond purchases, credit schemes and changes to macroprudential regulations.
-
Israel: Composite State of the Economy Index records first expansion for six months in July
August 23, 2020
The Bank of Israel’s Composite State of the Economy Index increased 0.15% month-on-month in seasonally-adjusted terms in July, which contrasted June’s 0.04% contraction.
-
Israel: Manufacturing PMI recovers markedly in July
August 19, 2020
The Purchasing Managers’ Index (PMI), produced by Bank Hapoalim and the Israeli Purchasing & Logistics Managers Association (IPLMA), increased from 45.0 in June to 49.8 in July, but remained slightly below the neutral 50-mark signaling worsening operating conditions.
-
Israel: GDP records largest fall on record in Q2, only mild recovery expected for Q3
August 16, 2020
GDP contracted at a quicker pace of 28.7% in seasonally-adjusted annualized terms (SAAR) in the second quarter, below the 6.8% contraction logged in the first quarter and marking the worst reading on record.
-
Israel: Consumer prices fall at softer pace on an annual basis in July
August 14, 2020
Consumer prices increased 0.20% in July over the previous month, following June's 0.10% fall.
© Copyright: 2020. | Israel Industry | Privacy Policy | Cookies Policy | Terms & Conditions | Sitemap | RSS feed
