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Market Update: Israel Composite Economic Index Rises at a Slower Pace
The Composite State of the Economy Index in Israel increased 0.25 percent in April of 2021, after a downwardly revised 0.37 percent gain in March. Imports of consumer goods slowed (2.5 percent vs 7.2 percent) and imports of manufacturing inputs declined (-1.6 percent vs 2.5 percent). On the other hand, the job vacancy rate jumped to a record high for the second consecutive month (4.9 percent vs 4.6 percent) and goods exports advanced faster (3.3 percent vs 0.6 percent). source: Bank of Israel [/s2If]
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