Industrial production in Israel advanced 15.1 percent year-on-year in October of 2020, following a revised 10.7 percent rise in the previous month. It was the strongest growth in industrial activity since September of 2019 as manufacturing output expanded faster (9.0 percent vs 2.9 percent in September). At the same time, mining production rose at a softer pace (55.9 percent vs 71.7 percent). On a seasonally adjusted monthly basis, industrial production fell 0.7percent, after a revised 4.4 percent increase in the prior month. source: Central Bureau of Statistics, Israel

Industrial Production in Israel averaged 5.64 percent from 1960 until 2020, reaching an all time high of 62.70 percent in June of 1968 and a record low of -29.20 percent in June of 1967. This page provides the latest reported value for - Israel Industrial Production - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Israel Industrial Production - data, historical chart, forecasts and calendar of releases - was last updated on January of 2021.

Industrial Production in Israel is expected to be 4.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Industrial Production in Israel to stand at 4.50 in 12 months time. In the long-term, the Israel Industrial Production is projected to trend around 4.50 percent in 2021, according to our econometric models.

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Israel Industrial Production

Actual Previous Highest Lowest Dates Unit Frequency
15.10 10.70 62.70 -29.20 1960 - 2020 percent Monthly
NSA


Calendar GMT Actual Previous Consensus TEForecast
2020-09-24 10:00 AM Jul 2.2% 8.5% 4.5%
2020-10-27 11:00 AM Aug 11% 2% 5.5%
2020-11-24 11:00 AM Sep 10.6% 11.3% -5.0%
2020-12-24 11:00 AM Oct 15.1% 10.7% 7.5%
2021-01-24 11:00 AM Nov 15.1% 7.5%
2021-02-20 11:00 AM Dec
2021-03-19 11:00 AM Jan
2021-05-04 10:00 AM Feb


News Stream
Israel Industrial Output Grows the Most in Over a Year
Industrial production in Israel advanced 15.1 percent year-on-year in October of 2020, following a revised 10.7 percent rise in the previous month. It was the strongest growth in industrial activity since September of 2019 as manufacturing output expanded faster (9.0 percent vs 2.9 percent in September). At the same time, mining production rose at a softer pace (55.9 percent vs 71.7 percent). On a seasonally adjusted monthly basis, industrial production fell 0.7percent, after a revised 4.4 percent increase in the prior month.
2020-12-24
Israel Industrial Output Grows for 5th Month
Industrial production in Israel advanced 10.6 percent year-on-year in September of 2020, following an upwardly revised 11.3 percent jump in August which was the strongest since September of 2019. It was the fifth consecutive month of increases in industrial activity, as the economy continued to recover from the pandemic shock. Output grew sharply for both mining (72.5 percent vs 40.6 percent in August) and manufacturing (17.5 percent vs 6.7 percent). On a seasonally adjusted monthly basis, industrial production grew 5.9 percent, the most since March of 2011, after an upwardly revised 1.6 percent increase in the prior month.
2020-11-24
Israel Industrial Output Growth at Near 1-Year High
Industrial production in Israel surged 11 percent year-on-year in August of 2020, following a downwardly revised 2 percent rise in the prior month. It was the strongest growth in industrial activity since September of 2019 as the economy gradually recovers from the pandemic crisis. Mining output continued to advance solidly (40.4 percent vs 36.6 percent in July) while manufacturing activity rebounded sharply (6.5 percent vs -2.7 percent). On a seasonally adjusted monthly basis, industrial production went up 0.1 percent, following a 1.3 percent decrease in the prior month.
2020-10-27
Israel Industrial Production Rises for 3rd Month
Industrial production in Israel increased 2.2 percent year-on-year in July of 2020, following an 8.5 percent rise in the previous month as the economy attempts to recover from the coronavirus-hit. Manufacturing production went back to contraction (-2.4 percent vs 8.8 percent in June) while mining output jumped 37.5 percent, the most since February of 2017.
2020-09-24

Israel Industrial Production
In Israel, industrial production measures the output of businesses integrated in industrial sector of the economy such as manufacturing, mining, and utilities.