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June 16 --The Israel Purchasing Managers Index compiled by Bank Hapoalim , the Israel Purchasing , Logistics Managers Association , fell by 3.7 points in May 2013 to 47.1 points, dropping below the 50-point dividing line indicating economic expansion from contraction. Both the export demand component of the index , the output component fell below 50 points, while the domestic deman...
Event New data on Israel's current account, published by the Central Bureau of Statistics (CBS) on June 13-th , show that on a seasonally adjusted basis, the surplus reached US$1.8bn in the Q1 of 2013, more than 3 times higher than the average surplus in the 2 preceding quarters , the largest quarterly surplus since July- September 2010 . Analysis The C...
Data , charts: Quarterly data 2011 2012 2013 2 Qtr 3 Qtr 4 Qtr 1 Qtr 2 Qtr 3 Qtr 4 Qtr 1 Qtr Output GDP at constant 2005 prices (NIS bn) 192.5 197.8 194.7 198.2 198.6 204.1 201.1 202.2 Real GDP ( % change, year on year) 3.5 5.2 3.0 3.2 3.1 3.1 3.3 2.0 ...
Data summary: Global outlook Global outlook 2008 a 2009 a 2010 a 2011 a 2012 b 2013 c 2014 c 2015 c 2016 c 2017 c International assumptions ( %) World GDP growth 1.3 -2.3 3.9 2.6 2.1 2.1 2.8 2.9 2.9 2.9 US GDP growth -0.3 -3.1 2.4 1.8 2.2 2.1 2.5 2.4 2.3 2.4 Middle East , North Afr...
The United Nations labour agency is calling for lifting restrictions on movement, employment , economic activity in the occupied Arab territories to boost opportunities for decent work , to enable the Palestinian economy to grow. In its annual report on the situation of workers of the occupied Arab territories, which was presented today in Geneva , the International Labour Organizati...
Israel ranks 10th in the world in the number of millionaire households per population, as reported by the Boston Consulting Group's annu...
"High-level" Israeli delegation visits Ghana Text of report by privately-owned daily newspaper The Ghanaian Chronicle on 6 June A high-level Israeli delegation is in the region to continue discussions with Ghana's Ministry of Finance , Economic Planning on bilateral agreement , facilitation of investments to shore up export profits. The 3 member delegation is led...
2013-06-03 --"It was a privilege for me to have the opportunity to be the governor of the Bank of Israel . It wasn't completely obvious to everyone, because I wasn't an Israeli citizen. My wife , I were glad to be given the extraordinary opportunity. I know of few other examples of such a thing," said outgoing Governor of the Bank of Israel Prof . Stanley Fischer at a farewell event held by th...
2013-06-02 --This week opens with a wave of price hikes. Last night at midnight, VAT rose by 1 %, raising the prices of goods in Israel , from chewing gum to automobiles. In addition, after being reduced in 2 consecutive months, the price of self-service 95 octane gasoline rose today to NIS 7.52 per liter. After a stormy public , Kness...
May 30 --The unemployment rate jumped to 6.9 % of the civilian workforce in April 2013 from 6.6 % in March, the Central Bureau of Statistics reported today. The number of unemployed rose to 252,000 in April, out of a labor force of 3.67 million. The unemployment rate of men rose to 7 % in April from 6.7 % in March, , tha...
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