CBS: Industrial output up

The Central Bureau of Statistics reported that industrial output rose by an annualized 9.8% in December 2009-February 2010
03.05.10 / 00:00
CBS: Industrial output up
03.05.10
CBS: Industrial output up
•

The Central Bureau of Statistics  reported that industrial output rose by an annualized 9.8% in December 2009-February 2010
 
The Central Bureau of Statistics (CBS) reported last week that industrial output rose by an annualized 9.8% in December 2009-February 2010. (For all of 2009, production declined 5.9 percent compared with a 7.4 percent increase in 2008).
 
The CBS noted that industrial output, excluding high tech, rose by an annualized 13.1% over the same period.
 
Industrial output was 1.2% lower in February 2010 than in January 2010, but high-tech output was unchanged.
 
The number of jobs in industry rose by 3.1% in December-February, and the number of work-hours rose by 6.4%.
 
)In percent; month-on-month change; seasonally adjusted(
 
            Feb 2010           Jan 2010           * Feb 2009
Total mfg output+0.9      +2.3      -0.3
High tech output            +0.3      +3.4      +4.4

 

More articles that may interest you
Israeli exports totaled US$4.86 billion in March 2010, Imports rose by 22% to $5.13 billion
CBS: 32% Rise in Israeli Export on March
Stanley Fischer predicted that the country's economy would grow 3.7% this year, up from his previous prediction of 3.5%
Bank of Israel & IMF raise 2010 growth forecast
Unemployment remains at a 13-month low after gradually declining since last May, when unemployment reached a high of 7.9%
CBS: Unemployment remains at 7.3%
According to the research center there was a 15% drop from the previous quarter and a 12% drop from the first quarter of 2009
IVC: Hi-tech companies hit 5-year low
The UBS analyst affirmed his forecast that Israel's GDP would grow 3.8% in 2011, a projected rate in line with the consensus of 3.9%
UBS raised its forecast of Israel's growth in GDP for 2010 to 3.5%
Independence Day is a national holiday, all business outlets and government offices, including customs are closed
Israel celebrates Independence Day on April 20th
More news from Industry & Trade Section
>CBS: March CPI up 0.1%/18.04.10 >In the first quarter of 2010, tourism was up 54% from 2009/18.04.10 >Ben-Eliezer visited Kazakhstan last week for bilateral trade talks/18.04.10 >Car sales up in strong quarter for local importers/12.04.10 >Israel’s net polished diamond exports rise by 55%/12.04.10 >Israel economic performance index +0.2% in Feb/22.03.10 >CBS: February CPI down 0.3%/22.03.10 >Israel signs trade agreement with South America/22.03.10 >Trade mission of Connecticut companies to visit Israel this spring/22.03.10 >CBS: record number of tourists in February 2010/15.03.10