Payment reliability improves in March

The payment reliability of local businesses improved slightly in March as just 9.8 percent of businesses were late with their payments compared with 11% in the previous month, research company Dun & Bradstreet Israel said Wednesday.

By SHARON WROBEL
April 19, 2007 07:17

The payment reliability of local businesses improved slightly in March as just 9.8 percent of businesses were late with their payments compared with 11% in the previous month, research company Dun & Bradstreet Israel said Wednesday. The monthly research showed that the sharpest improvement in paying habits was in the paper and printing industry which saw an improvement to 6.8% of businesses being late compared with 11.9% in February. Payment habits in the construction and contractors industry improved to 15.1% of businesses being late compared with 16.4% in the previous month. During March only 4.1% of businesses in the food industry were late in their payments compared with 8.1% in the previous month.


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