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The economy is recovering in the shadow of the fighting: the combined index for December rose by 0.4% Israel today

2024-01-23T12:56:53.061Z

Highlights: The combined index for the month of December rose by 0.4%. The figure shows that the impact of the fighting on economic activity continued to weaken. The index was positively affected by increases in the industrial production index, the retail trade turnover index in November. Compared to these, the export of services, the salaried jobs (October) and the import of production inputs (December) decreased and had a negative effect on the index. If you found an error in the article, we would appreciate it if you shared it with us.


The combined index, which reflects all economic activity in the economy, was positively affected by, among other things, increases in the industrial production index and the turnover in retail trade


Signs of recovery in the economy in the shadow of continued fighting in the south and north:

the combined index for the month of December rose by 0.4%.

The figure shows that the impact of the fighting on economic activity continued to weaken.

Queue to buy wrap products at Dizengoff Center, photo: Gideon Markovich

The combined index was positively affected by increases in the industrial production index, the retail trade turnover index in November, the import of consumer goods, the export of goods, the vacancy rate and credit card purchases (December).

Compared to these, the export of services, the salaried jobs (October) and the import of production inputs (December), decreased and had a negative effect on the index.

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If you found an error in the article, we would appreciate it if you shared it with us

Source: israelhayom

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