Unemployment in Israel
Israel - UnemploymentPreliminary data showed that the economy shifted into a higher gear in Q4 2018 owing to stronger private consumption growth and a rebound in fixed investment. Early data for Q1 of this year sent mixed signals, however. Sentiment increased among businesses and households in January, although the latter remained firmly entrenched in pessimistic territory. A pick-up in the economic activity index of the Central Bank further suggests positive spillovers from Q4. However, the manufacturing sector had a rocky start to the year as the PMI fell into negative territory for the first time in nearly three years, while net exports continued to drag on the economy in January. Meanwhile, Israel’s attorney general intends to press corruption charges against Prime Minister Benjamin Netanyahu, who could face a tough battle in the general election on 9 April with his Likud party trailing in the polls.
Israel - Unemployment Data
5 years of economic forecasts for more than 30 economic indicators.
Israel Unemployment Chart
Source: Central Bureau of Statistics
|Bond Yield||2.16||-1.69 %||Mar 11|
|Exchange Rate||3.62||-0.37 %||Mar 11|
|Stock Market||1,412||-0.91 %||Mar 11|
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February 26, 2019
At its 25 February meeting, the Monetary Committee of the Bank of Israel kept the interest rate unchanged at 0.25%, as widely expected by market analysts.
February 24, 2019
Israel’s manufacturing sector got off to a bad start in 2019.
February 17, 2019
According to the first reading of national accounts data, which was released on 17 February by the Central Bureau of Statistics, the economy accelerated in the fourth quarter.
February 15, 2019
Consumer prices dropped 0.1% over the previous month in January, a less pronounced fall than December’s 0.3% decrease in prices.
February 13, 2019
Exports contracted a steep 9.6% year-on-year in USD terms in January, constituting a sharper drop than December’s 6.6%.