International Reserves in Israel
Israel - International Reserves
The economy appeared to lose some momentum in Q3, amid a surge in Covid-19 cases and the consequent tightening of restrictions. Growth in the Composite State of the Economy Index averaged lower in July–August relative to Q2, while consumer sentiment was markedly more downbeat in Q3 compared to Q2, which could have weighed somewhat on private consumption. Heading into the final quarter, the requirement for citizens to receive a booster vaccine in order to access public venues could be dampening spending somewhat. However, the booster rollout has also seen Covid-19 cases plummet, boding well for confidence and enabling the government to announce the reopening of borders to foreign tourists from 1 November. In politics, wrangling within the governing coalition over the 2022 budget has delayed its passage: The budget must be approved by 14 November in order to avert fresh elections.Israel - International Reserves Data
| 2015 | 2016 | 2017 | 2018 | 2019 | |
|---|---|---|---|---|---|
| International Reserves (USD) | 90.6 | 98.4 | 113 | 115 | 126 |
Israel International Reserves Chart
Source: Central Bank of Israel and FocusEconomics calculations.
Israel Facts
| Value | Change | Date | |
|---|---|---|---|
| Bond Yield | 0.98 | -1.69 % | Jan 01 |
| Exchange Rate | 3.46 | -0.37 % | Dec 31 |
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Economic News
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Israel: Composite State of the Economy Index picks up in October
November 25, 2021
The Bank of Israel’s Composite State of the Economy Index grew 0.25% month-on-month in seasonally-adjusted terms in October (September: 0.05% mom).
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Israel: Manufacturing PMI dips in October
November 22, 2021
The Manufacturing Purchasing Managers’ Index (PMI), produced by Bank Hapoalim and the IPLMA, came in at 55.4 in October, down from September's 58.1.
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Israel: Bank of Israel leaves rates unchanged in November
November 22, 2021
At its 22 November meeting, the Bank of Israel (BoI) left the policy rate at 0.10%.
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Israel: Economic growth weakens in Q3
November 16, 2021
GDP growth waned to 2.4% in seasonally-adjusted annualized rate terms (SAAR) in the third quarter, from 13.7% in the second quarter.
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Israel: Inflation drops in October
November 15, 2021
Consumer prices rose 0.10% in October over the previous month, coming in below September's 0.20% increase.
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