Rapid Real Data in Israel, and an International Comparison
One of the key challenges of producing national statistics in any country is to provide information about real (non-financial) activity in the economy, in as close as possible to real time. Over the last decade, the Central Bureau of Statistics and the Bank of Israel have made a concerted effort to provide rapid real data about the economy. A study comparing Israel with several advanced economies found that the scope and availability of the rapid real data and indicators in Israel is similar to, and often better than, the world’s most advanced economies. Nevertheless, in a few areas it was found that the rapid indicators and availability of the data could be improved.
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