'S' index up 0.5% in January

The Bank of Israel's combined index of the state of the economy rose 0.5 percent in January, after a similar rate of growth in December, the central bank said Tuesday.

By DANIEL KENNEMER
February 22, 2006 07:36

The Bank of Israel's combined index of the state of the economy rose 0.5 percent in January, after a similar rate of growth in December, the central bank said Tuesday. The commerce and services revenue component rose 0.7% in December, following a 0.2% drop in November. Exports of goods rose 0.8% in January, following a 1.5% drop the previous month, while imports jumped 4.9% after having risen 2.8% in December. Services exports fell 7.8% in January, following a 4.6% drop in December. Industrial production fell 0.7% in December, after rising 5.5% the previous month.


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