CBS: Israel Consumer Confidence in April: indicator increased to -22%

Consumer Confidence averaged -24.23 from 2011 until 2014, reaching an all time high of -12.65 in June of 2011
18.05.14 / 10:33
CBS: Israel Consumer Confidence in April: indicator increased to -22%
18.05.14
CBS: Israel Consumer Confidence in April: indicator increased to -22%
The Central Bureau of Statistics (CBS) reported that Consumer Confidence in Israel increased to -21.57 in April of 2014 from -26.18 in March of 2014.

 

Consumer Confidence in Israel averaged -24.23 from 2011 until 2014, reaching an all time high of -12.65 in June of 2011 and a record low of -38.47 in September of 2012. Consumer Confidence in Israel is reported by the Central Bureau of Statistics, Israel.

 

In Israel, the Consumer Confidence indicator measures the expectations that consumers have about changes in their household financial situation; the country´s general economic situation; unemployment levels and their household saving plans over the next 12 months.

 

The indicator is an arithmetic mean, with equal weights, calculated from the combination of responses to 4 questions based on a sample of around 759 people, aged 21 and over. Consumer confidence is measured on a scale of -100 to 100, where -100 indicates an extreme lack of confidence, 0 neutrality and 100 extreme confidence.