The Israeli Consumer Confidence Index rose by 5.1 points in August to 93.5 points. The ICCI dropped 1.4 points in July 2010 and 4.1 points in June 2010
According to Globes Research, Kesselman and Kesselman Price waterhouse Coopers Israel the Israel Consumer Confidence Index, (ICCI) rose by 5.1 points in August to 93.5 points (1996 baseline = 100), reversing the recent trend, which saw drops over the past four months.
The ICCI is a measure of consumer views regarding the current economic situation and consumer expectations for the future.
The ICCI dropped 1.4 points in July 2010 and 4.1 points in June 2010. July's survey had already begun to show signs of optimism, and the August figures seem to confirm it.
Israel's Consumer confidence index up after four month drop
The Israeli Consumer Confidence Index rose by 5.1 points in August to 93.5 points. The ICCI dropped 1.4 points in July 2010 and 4.1 points in June 2010
06.09.10 / 00:00
•
More articles that may interest you
Zim returned to profit well ahead of the timetable
Israel cabinet approved joining OECD
Salamis lines RoRo service from Israel to call at Lavrion port near Piraeus
Ashdod port's workers launched an unofficial go slow action
Panalpina's President & CEO paid a visit to Amit Ltd. on her first visit to Israel
Bank of Israel leaves interest rate unchanged
More news from Industry & Trade Section
>National Employment Service: number of jobseekers fell 0.3% to 304,300/30.08.10
>Bank of Israel: Composite State-of-the-Economy Index for July 2010 rises by 0.2%/23.08.10
>CBS: Economy grew at 4.7% in Q2/23.08.10
>State Georgia opened new rep office in Israel/16.08.10
>CBS: May - July high-tech leads exports rise/16.08.10
>CBS: China jumps to 2nd place in import by country of origin/16.08.10
>July consumer confidence drops 1.4 points/09.08.10
>IEIC: India 2nd largest export market for Israel/09.08.10
>Delegation of Jordanian stone and marble producers visited Israel/09.08.10
>Israeli tourist to Turkey: 10% of 2009/09.08.10