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| 18.08.2010 |
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| The Composite State-of-the-Economy Index for July 2010 rises by |
| 0.2 percent |
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| The Bank of Israel's composite state-of-the-economy index rose by 0.2 percent in July 2010. The rise, following those in previous months, shows that the increase in economic activity is continuing. The rise this month was due to rises in the indices of goods imports and exports, moderated by reductions in the services exports, manufacturing production, and trade and services revenue indices. The composite indices for April-June were revised upwards due to revisions in the goods and services exports data for June and in manufacturing production in April. |
| The main components of the index moved as follows: the index of manufacturing production declined by 0.9 percent in June, following its 0.1 percent rise in May. The trade and services revenue index declined by 2.1 percent in June, following its 0.7 percent drop in May. The services exports index fell in July by 4.3 percent, after rising by 5.3 percent in June. The goods exports index rose by 4.6 percent in July, following its 8.3 percent surge in June. The index of consumer goods imports rose by 4.0 percent in July, following its decline of 0.8 percent in June. The index of imports of production inputs increased in July by 1.8 percent, further to its 0.7 percent rise in June. |
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| Updated rates of change in composite index (in percent)
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Previous figure |
Revised figure |
| April |
0.0 |
0.2 |
| May |
0.0 |
0.3 |
| June |
0.1 |
0.5 |
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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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