Economic performance index increased nine months ia row. The Bank of Israel recently changed the components of the index
The Bank of Israel (BOL) said last Tuesday that Israel's economic performance index, or "S" index, rose 0.4% in December, its ninth increase in a row. In a statement issued by the central bank it noted that "The rise in the index, following gains in recentmonths, points to a continued recovery in economic activity”.
The Bank of Israel recently changed the components of the index. The central bank revised November's S index from an initially reported rise of 0.6 percent and October's index to a rise of 0.5% from 0.6%.
The number of salaried employees was 1.977 million in October, the last month for which data was available, up from 1.971 million in September.
Further data released by the Bank, services exports noted a 3.6% rise and goods exports noted a7.2% rise in December, while goods imports added 2.1%. Israel's economy grew an estimated 0.5% in 2009.
BOLl: "S" index up 0.4% in December
Economic performance index increased nine months ia row. The Bank of Israel recently changed the components of the index
25.01.10 / 00:00
•
More articles that may interest you
Israel's trade deficit in 2009 lowest since 1990
Israel 2009 foreign tourism down 9.7%, first drop since 2002
Israel pushing for free trade pact with India
ISC: Shippers object congestion surcharges
Bank of Israel ups GDP forecast for 2010 to 3.5%
bmi ends flight to Israel, last flight left last week
More news from Industry & Trade Section
>Israeli exporters offered NIS 1b in guarantees/11.01.10
>Israel vehicle importers association: 172,715 vehicles delivered in 2009/11.01.10
>CBS: Israel's population at 2010 is 7.5m/04.01.10
>Value-Added Tax (VAT) reduced by 0.5% to 16%/04.01.10
>Israel's economic growth in 2009 beats even optimistic forecast/04.01.10
>Israel's Central bank raises key interest rate 25 BPs to 1.25%/04.01.10
>FICC: Exports of services dropped 11%/28.12.09
>CBS: Israel industrial output up 2.3% in October/28.12.09
>Steinitz: Israel may beat growth and deficit estimates/28.12.09
>Israel, Taiwan signed agreement on avoidance of double taxation/21.12.09