Wages in Manufacturing in Israel decreased to 112.80 Index Points in May from 120.80 Index Points in April of 2019. Wages in Manufacturing in Israel averaged 111.39 Index Points from 2005 until 2019, reaching an all time high of 137 Index Points in March of 2011 and a record low of 96 Index Points in November of 2013.
Wages in Manufacturing in Israel is expected to be 115.10 Index Points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Wages in Manufacturing in Israel to stand at 124.00 in 12 months time. In the long-term, the Israel Monthly Wages in Manufacturing Index is projected to trend around 128.00 Index Points in 2020, according to our econometric models.