Bank of Israel: “There appears to be a turnaround that is reflected in a rise in economic activity”
The Bank of Israel said last Wednesday that Israel's economic performance index, or 'S' index, rose 1.2% in July, its third increase in a row and largest monthly gain since February 2008. The central bank noted in a statement that: "There appears to be a turnaround that is reflected in a rise in economic activity”.
)percent change from prior month(
July 2009 June 2009* July 2008*
S index + 1.2 + 0.6 - 0.3
Exports of services index + 3.2 - 3.1 n/a
Exports of goods index + 0.4 - 1.1 n/a
Imports index + 4.3 + 4.3 n/a