This press release as a Word document
The Bank of Israel's Composite State-of-the-Economy Index for April increased by 0.2 percent. The increase in the Index this month is slightly higher than that of the first two months of the year. The increase in the Index this month reflects increases in goods and services exports[1], consumer products imports, and imports of manufacturing inputs. In contrast, the trade revenue, services revenue and industrial production indices declined (Table 1). Table 2 presents the changes in components of the Index in the past few months.
Table 1: Revisions in the Composite Index
Revision |
Previous data |
New data |
April |
0.21 | |
March |
0.08 |
0.07 |
February |
0.24 |
0.17 |
Table 2: Changes in the Index components in recent months
(monthly percent change, unless otherwise noted)
April |
March |
February |
January | |
Industrial Production Index (excluding mining and quarrying) |
-1.5 |
3.0
|
2.5 | |
Services Revenue Index (excluding finance, education, and public administration) |
-3.2 |
2.9 |
1.1 | |
Trade Revenue Index |
-4.3 |
3.3 |
-1.2 | |
Imports of consumer products |
4.3 |
-1.7 |
-3.3 |
9.3 |
Imports of manufacturing inputs (excluding fuels) |
1.6 |
-3.1 |
-4.3 |
7.1 |
Exports of goods (excluding agriculture) |
0.3 |
-9.3 |
18.0 |
4.9 |
Exports of services (excluding transportation) |
6.8 |
-1.6 |
5.2 |
-6.7 |
Number of employee posts in the private sector |
0.0 |
-0.1 | ||
Rate of vacant employee positions out of total number of employed people in the business sector[2] |
2.7 |
2.8 |
2.8 | |
Building starts[3] |
2.3 |
For additional data and explanations please click here.