BoI: Composite State-of-the-Economy index for April 2011 increased by 0.2%

Since the beginning of 2011 the index has risen by 1.8%. The services exports index declined in April by 4.2%. The index of imports of production inputs slipped a little further, by 0.1%
 
The Bank of Israel's composite state-of-the-economy index for April 2011 increased by 0.2% from its March level.
 
Since the beginning of 2011 the index has risen by 1.8%. The increase in April indicates the continued expansion of economic activity, and reflects a rise in the index of manufacturing production, with no change in the indices of imports and trade and services revenue.
 
The increase was partly offset by declines this month in goods and services exports. The main components of the index moved as follows:
 
The index of manufacturing production increased by 0.2% in March, further to its 1.7% rise in February. The trade and services revenue index remained unchanged in March, after rising by 0.6% in February.
 
The services exports index declined in April by 4.2%, following its 11.4% surge in March. The index of imports of production inputs slipped a little further in April, by 0.1%, further to its 0.8% drop in March.
 
The goods exports index declined by 2.6% in April, following its 2.1% rise in March. The index of consumer goods imports fell marginally by 0.1% in April, after increasing by 4.8% in March.