FICC: Trade and services product up NIS 16.7 billion in January – July 2006

in the first half of 2006: Industrial product increased by 5.4%, or NIS 2.2 billion, to NIS 42 billion; Commerce, catering and accommodation services product increased by 9%
18.09.06 / 00:00
FICC: Trade and services product up NIS 16.7 billion in January – July 2006
18.09.06
FICC: Trade and services product up NIS 16.7 billion in January – July 2006
•

in the first half of 2006: Industrial product increased by 5.4%, or NIS 2.2 billion, to NIS 42 billion; Commerce, catering and accommodation services product increased by 9%
 
According to a survey published last week by the Federation of Israeli Chambers of Commerce economics division for the first half of 2006 trade and services product totaled NIS 125.1 billion in the first half of 2006, NIS 16.7 billion more compared to the first half of 2005.
 
The survey, which was prepared by Ms. Israela Many, economics division head at the Federation of Israeli Chambers of Commerce, indicates that in the first half of 2006, trade and services product accounted for 66% of business product.
 
The detailed survey also noted that in the first half of 2006: Industrial product increased by 5.4%, or NIS 2.2 billion, to NIS 42 billion; Commerce, catering and accommodation services product increased by 9%; Financial and business services product increased by 20%; Transport, storage and telecommunications services product rose by 9.2%,
 

 

More articles that may interest you
About US$ 230,000 were invested in the development of the new bus which includes a separate conference room, multimedia devices, office equipment and more
New in Israel: Merkavim developed a business class bus
Exports to the US grew by 98% over the corresponding period in 2005, to $1.17 billion; Exports to Eastern Europe and the Far East rose by 69%. The industry employs 7,000 workers
Pharmaceuticals: exports increased by 60% in first half of 2006
Diplomatic sources in Israel believe that the sudden cancellation was triggered by mounting pressure from local pro-Arab business groups in Brazil and Argentina
Trade talks with Mercosur member countries postponed
Sources closed to the Ministry noted that a proposal had been included that the ministers of Finance and Industry, Trade and Labor will set binding directives for the Standards Institution of Israel
2007 budget: Ministry of Finance proposes the removal of import barriers
Mr. Yehiel Asia predicted that manufacturing exports to Latin American countries will increase this year by 3%
Industrial export to Latin American countries in 1H – US$ 600M
Statistical analysis published last week by the economic department ofthe Israel Export and International Cooperation Instituteshows that South Koreais a clear leader, in terms of growth, among Israel's export markets in July 2006
South Korea leads Israel's exports in July
More news from Industry & Trade Section
>Manufacturers Association: In H1 food imports grew three times faster than exports/04.09.06 >Export Institute sees 9% growth in exports to EU this year/04.09.06 >Morgan Stanley & Merrill Lynch: Israeli Shekel reflects economy's strength/04.09.06 >CBS: Unemployment rate up 0.1% in Q2/04.09.06 >CBS: May-July exports grew 6.4%/04.09.06 >Treasury said to be shocked by cost of the war in Lebanon/28.08.06 >Central Bank: the war in Lebanon holds back July growth/28.08.06 >Israel Incoming Tourism Association: Tourism loses $150 million/28.08.06 >Bank of Israel: 43% of employees work outside their local area of residence/28.08.06 >CBS : War caused 65% rise in trade deficit in July/20.08.06