Daily Israel Report
16:07
Reported

News Brief

  9/18/2011, Elul 19, 5771

Economic Indicators Up .3 Percent in August


The Bank of Israel reported, on Sunday, that Israel's index of leading economic indicators rose three tenths of a percent in August, matching revised figures for June and July. A statement by the bank noted that growth was more moderate during these months than during the first quarter of the year.

The bank said gains in manufacturing (2.6 percent), imports of production components (one percent) and exports of services (4.4 percent) were offset by declines in the export of goods (5.7 percent) and revenue from trade and services (.4 percent). Imports of consumer goods declined a tenth of a percent, following a 2.9 percent rise in July.