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.