The Composite State of the Economy Index in Israel increased by 0.3 percent month-on-month in February of 2017, following an upwardly revised 0.32 percent in January, central bank data showed. It was the weakest reading since September, particularly affected by a fall in exports (-9.6 percent from -1.3 percent in January) and lower job vacancy rate (3.6 percent from 3.8 percent). In contrast, imports of consumer goods went up 5.7 percent (from -26.5 percent) and manufacturing inputs rose 0.6 percent (from 3.2 percent). Leading Economic Index in Israel averaged 0.34 percent from 1975 until 2016, reaching an all time high of 1.11 percent in May of 1991 and a record low of -0.65 percent in February of 1980. In Israel, the Composite State-of-the-Economy Index is a synthetic indicator examining the direction in which real economic activity is moving in a real time. It is calculated based on 10 different components: industrial production index, trade revenue, services revenue, imports of consumer products, imports of manufacturing inputs, export of goods, export of services, number of employee posts in the private sector, rate of vacant employee positions and the number of building starts. The index has a base value of 100 as of 2011. This page provides – Israel Leading Composite Index – actual values, historical data, forecast, chart, statistics, economic calendar and news.
May 28, 2017 at 01:45PM
from Central Bank of Israel
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