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Economic Weekly

In this week's Leumi Economic Weekly Report:


  • The unemployment rate for the primary working age category (25-64) has stabilized at a very low level of 4.0%


  • The composite state-of-the-economy index:  the growth in private consumption and services exports is continuing, together with weakness in goods exports


  • The Bank of Israel interest rate remains unchanged at 0.1% for the 20th consecutive month; the central bank expects its interest rate to remain at this level until near the end of 2017


  • The research department of the BoI revised upwards its 2016-2017 growth estimates



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