Industrial production in Israel edged up 0.9 percent year-on-year in May of 2020, following a downwardly revised 14.6 percent plunge in April as the country started to reopen its economy after restrictive measures were imposed to control the coronavirus pandemic. Mining went up 13.5 percent (9.5 percent in April) and manufacturing shrank less (-0.8 percent vs -17.6 percent).

Industrial Production in Israel averaged 5.62 percent from 1960 until 2020, reaching an all time high of 62.70 percent in June of 1968 and a record low of -29.20 percent in June of 1967. This page provides the latest reported value for - Israel Industrial Production - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Israel Industrial Production - data, historical chart, forecasts and calendar of releases - was last updated on August of 2020.

Industrial Production in Israel is expected to be 3.80 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Industrial Production in Israel to stand at 4.50 in 12 months time. In the long-term, the Israel Industrial Production is projected to trend around 4.50 percent in 2021, according to our econometric models.

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Israel Industrial Production

Actual Previous Highest Lowest Dates Unit Frequency
0.90 -14.60 62.70 -29.20 1960 - 2020 percent Monthly
NSA


Calendar GMT Actual Previous Consensus TEForecast
2020-05-04 10:00 AM Feb 17.6% 7.9% 6.5%
2020-06-02 10:00 AM Mar 1.5% 10.4% -9.8%
2020-06-25 10:00 AM Apr -14.9% 2.8% -5.5%
2020-07-28 10:00 AM May 0.9% -14.6% -7.5%
2020-08-20 10:00 AM Jun 0.9%
2020-09-23 10:00 AM Jul
2020-10-26 10:00 AM Aug
2020-11-24 11:00 AM Sep


News Stream
Israel Industrial Production Rebounds
Industrial production in Israel edged up 0.9 percent year-on-year in May of 2020, following a downwardly revised 14.6 percent plunge in April as the country started to reopen its economy after restrictive measures were imposed to control the coronavirus pandemic. Mining went up 13.5 percent (9.5 percent in April) and manufacturing shrank less (-0.8 percent vs -17.6 percent).
2020-07-28
Israel Industrial Output Shrinks the Most since 2005
Israel's industrial production slumped 14.9 percent from a year ago in April of 2020, following an upwardly revised 2.8 percent rise in the previous month. It was the steepest downturn in industrial activity since October of 2005, amid businesses closures to contain the spread of the novel coronavirus. Output plunged for manufacturing (-17.9 percent vs 1.9 percent in March) while it grew for mining & quarrying (9.6 percent, the same pace as in March).
2020-06-25
Israel March Industrial Output Growth at 5-Month Low of 1.5%
Israel's industrial production growth decelerated sharply to 1.5 percent in March of 2020 from a downwardly revised 10.4 percent in the previous month. It was the slowest increase in industrial output since last October, as the pandemic and measures to contain it affected mostly manufacturing (0.6 percent vs 7.3 percent in February). Also, output grew much less in mining & quarrying (8.9 percent vs 33.4 percent).
2020-06-02
Israel Industrial Output Rises 17.6% in February
Israel's industrial production growth accelerated to 17.6 percent year-on-year in February 2020 from 7.9 percent in the previous month, boosted by sharp increases in manufacturing output (15.4 percent vs 4.7 percent) and mining and quarrying (33.8 percent vs 32.0 percent).
2020-05-04

Israel Industrial Production
In Israel, industrial production measures the output of businesses integrated in industrial sector of the economy such as manufacturing, mining, and utilities.