Since September, the index has risen by 0.6%.
The Bank’s report, analyzing the various components making up the index, said the index of revenue from goods and services rose by 1.2% in October, after climbing by 1.9% in September.
The export index bounced back in November, rising by 6.8%, after declining by 7.1% in October. The import index fell by 2.7% in November, following a 1.3% drop in October.
The manufacturing index dropped by 1.9% in October, after rising by 0.2% in September.
The Bank’s report painted an increasingly rosy picture for employment in Israel. The number of persons employed in the business sector rose by 1.5% to 1.75 million. That statistic represents an increase of 22,000 employees in just one month.
Since July 2004, an estimated 73,000 new employees found jobs in the business sector, an increase of 4.4%.
The State of the Economy index is expected to rise by at least 4.5% in 2005, after moving up by 6.5% in 2004.
The Bank’s report, analyzing the various components making up the index, said the index of revenue from goods and services rose by 1.2% in October, after climbing by 1.9% in September.
The export index bounced back in November, rising by 6.8%, after declining by 7.1% in October. The import index fell by 2.7% in November, following a 1.3% drop in October.
The manufacturing index dropped by 1.9% in October, after rising by 0.2% in September.
The Bank’s report painted an increasingly rosy picture for employment in Israel. The number of persons employed in the business sector rose by 1.5% to 1.75 million. That statistic represents an increase of 22,000 employees in just one month.
Since July 2004, an estimated 73,000 new employees found jobs in the business sector, an increase of 4.4%.
The State of the Economy index is expected to rise by at least 4.5% in 2005, after moving up by 6.5% in 2004.