Industrial production in Israel grew 9.7 percent year-on-year in December of 2020, following an upwardly revised 8.8 percent rise in the previous month. Output advanced faster for both mining & quarrying (58.6 percent vs 51.9 percent in November) and manufacturing (4.1 percent vs 3.7 percent). On a seasonally adjusted monthly basis, industrial production went up 0.4 percent, after an upwardly revised 1.4 percent rise in the preceding month. source: Central Bureau of Statistics, Israel
Industrial Production in Israel averaged 5.66 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 March of 2021.
Industrial Production in Israel is expected to be 4.50 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 2022, according to our econometric models.