CBS: Israel Consumer Confidence up to -17 in March

The consumer confidence in Israel reached an all time high of -12.65 in June of 2011
03.05.15 / 10:29
CBS: Israel Consumer Confidence up to -17 in March
03.05.15
CBS: Israel Consumer Confidence up to -17 in March

The Central Bureau of Statistics reported that Consumer Confidence in Israel increased to -17 in March of 2015 from -21 in February of 2015.

 

Consumer Confidence in Israel averaged -24.22 from 2011 until 2015, reaching an all time high of -12.65 in June of 2011 and a record low of -38.47 in September of 2012. 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.