Israel Consumer Confidence November of 2014, unchanged at -25%

The Consumer Confidence indicator measures the expectations that consumers have about changes in their household financial situation
14.12.14 / 09:54
Israel Consumer Confidence November of 2014, unchanged at -25%
14.12.14
Israel Consumer Confidence November of 2014, unchanged at -25%

Consumer Confidence Indicator in Israel, reported by the Central Bureau of Statistics, remained unchanged at -25% in November of 2014, same as in October and September of 2014.

 

Consumer Confidence in Israel averaged -24.38% 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 Index amounted to 77% (average 3/2011 to 2/2012=100). 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.

 

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