Israel Business ConfidenceMay 2022 Data - 1983-2021 Historical - June Forecast

Name: Israel Business Confidence
Creator: TRADING ECONOMICS
License: https://creativecommons.org/licenses/by/4.0/
Keywords: Israel,Business Confidence,data,chart,actual,historical,values,calendar,forecast,graph,2021,2022,2023

Business Confidence in Israel increased to 26.94 points in May from 26.54 points in April of 2022. It is the highest reading since January of 2020. source: Central Bureau of Statistics, Israel

Business Confidence in Israel averaged 10.37 points from 1983 until 2022, reaching an all time high of 44.60 points in August of 1991 and a record low of -39.48 points in February of 2009. This page provides - Israel Business Confidence - actual values, historical data, forecast, chart, statistics, economic calendar and news. Israel Business Confidence - data, historical chart, forecasts and calendar of releases - was last updated on June of 2022.

Business Confidence in Israel is expected to be 22.00 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Israel Business Confidence is projected to trend around 25.00 points in 2023 and 20.00 points in 2024, according to our econometric models.

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Related	Last	Previous	Unit	Reference
Business Confidence	26.94	26.54	points	May 2022
Industrial Production Mom	-0.10	-0.30	percent	Apr 2022
Industrial Production	9.90	19.85	percent	Apr 2022
Changes in Inventories	11537.90	5654.20	ILS Million	Mar 2022
Manufacturing Production	2.40	14.40	percent	Apr 2022
Mining Production	28.99	15.78	percent	Mar 2022

Israel Business Confidence

In Israel, the Business Tendency Survey measures the level of optimism that executives have about current and expected developments regarding production, sales, demand and employment. It also assesses expectations concerning changes in the development of the USDILS exchange rate and inflation. The survey is based on a sample of business executives from five economic sectors: manufacturing, construction, retail trade, hotels and services. The Business Confidence is measured on a scale of -100 to 100, where levels above 0 indicate optimism, 0 neutrality and below 0 pessimism.