Israel economic performance index -0.3% in April

The continuing fall was seen in a drop in the manufacturing production index and in the drop in imports and exports of goods
 
Israel's composite State of the Economy Index better known as “economic performance index”, or "S" index, dipped 0.3% in April, its ninth straight drop, the Bank of Israel said last Wednesday.
 
The drop shows a continued fall in economic activity, though at a slower pace than in previous months. The continuing fall was seen in a drop in the manufacturing production index and in the drop in imports and exports of goods.
 
In a statement issued by the central bank it said that "The decline in the index this month testifies to a continued drop in activity, although at a more moderate rate than the past few months”.
 
In contrary the trade and services revenue index rose, as did service exports.