News Briefs

  2/19/2014, Adar 19, 5774

Economic Growth Index Up by 0.3% in January

The Bank of Israel announced that the Composite State of the Economy Index for January 2014 increased by 0.3%. "The rate of increase in the Index rose slightly compared with that of recent months, but it continues to indicate economic growth at a similar rate to that of the recent period. Increases in import and export indices and in industrial production contributed notably to the rise in the Index," the bank stated.