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| 19.07.2010 |
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| The Composite State-of-the-Economy Index for June 2010 rises by |
| 0.1 percent |
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| The Bank of Israel's composite state-of-the-economy index rose by 0.1 percent in June 2010.[1] The rise, following those in previous months, shows that economic activity is increasing slowly. The rise this month was due to rises in the indices of manufacturing production, goods exports, and imports of production inputs. These were partially offset by reductions in the indices of imports of consumer goods and of trade and services revenue. The composite indices for May and April were revised downwards due to downward revisions in the goods and services exports data for May and in raw material imports in April and May. |
| The main components of the index moved as follows: the index of manufacturing production rose by 0.6 percent in May, following its 1.9 percent rise in April. The trade and services revenue index declined by 0.6 percent in May, after remaining unchanged in April. The services exports index stayed steady in June, following its 5 percent decline in May. The goods exports index rose by 2.5 percent in June, following its 4.4 percent decline in May. The index of consumer goods imports declined by 1.3 percent in May, following its rise of 5.2 percent in May. The index of imports of production inputs increased in June by 1.4 percent, further to its 1.8 percent rise in May. |
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| Updated rates of change in composite index (in percent)
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Previous figure |
Revised figure |
| April |
0.1 |
0.0 |
| May |
0.1 |
0.0 |
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| [1] In calculating the composite index, changes in its components (seasonally adjusted)-in both the current month and previous months with a lag-are taken into consideration |
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