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From the Liveblog of
Monday, May 11, 2020
From the Liveblog of
Monday, May 11, 2020
March Consumer Confidence Index slumps
Add ToI as a Preferred Source on GoogleThe Central Bureau of Statistics reports that Israel’s Consumer Confidence Index dropped sharply from -6% at the end of February to -22% at the end of March.
The CBS report notes declines in three of the four parameters on which the index is based.
The expected state of household economies drops to -15% from -5% in February. The expected state of the Israeli economy drops from -16% to -45%, while the intention of individuals to make large purchases compared to last year drops from -9% to -21%.
The levels of confidence are the lowest since 2013.
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