Daily Israel Report
12:26
Reported

News Brief

  6/23/2014, Sivan 25, 5774

Economic Indicators Up .2% in May


Israel's index of leading economic indicators rose two tenths of a percent in May, according to figures released on Monday by the Bank of Israel. The bank called the growth moderate and similar to the growth rate that has characterized the economy over the past three years, following two months in which growth of the index was more moderate.

Components that made particular contributions to the increase of the total were increases in the imports of consumer goods and manufacturing components, and increases in exports of goods and services. The Industrial Production Index and the Services Revenue Index moderated the growth rate of the Composite Index.