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From the Liveblog of
Sunday, June 7, 2020
From the Liveblog of
Sunday, June 7, 2020
Report finds that April was worst month for Israeli businesses in a decade
Add ToI as a Preferred Source on GoogleApril 2020 was the worst month for Israeli businesses in the past decade, according to a periodical report released by the Central Bureau of Statistics (CBS).
The economic crisis caused by the coronavirus pandemic has hit the manufacturing sector especially hard, since it depends on exports which have been severely harmed. That is the only sector that continued to deteriorate in May, with the rest showing modest improvement, the report says.
The report has been published by the CBS since 2011 and April was the worst month since it began publishing it.
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