Israel Consumer Confidence

Consumer Confidence in Israel increased to -26.18 in March of 2014 from -26.48 in February of 2014. Consumer Confidence in Israel is reported by the Central Bureau of Statistics, Israel. Consumer Confidence in Israel averaged -24.40 from 2011 until 2014, reaching an all time high of -12.65 in June of 2011 and a record low of -38.47 in September of 2012. In Israel, the Consumer Confidence indicator measures the expectations that consumers have about changes in their household financial situation; the country´s general economic situation; unemployment levels and their household saving plans over the next 12 months. The indicator is an arithmetic mean, with equal weights, calculated from the combination of responses to 4 questions based on a sample of around 759 people, aged 21 and over. Consumer confidence is measured on a scale of -100 to 100, where -100 indicates an extreme lack of confidence, 0 neutrality and 100 extreme confidence. This page provides - Israel Consumer Confidence - actual values, historical data, forecast, chart, statistics, economic calendar and news. 2014-04-16

Actual Previous Highest Lowest Forecast Dates Unit Frequency
-26.18 -26.48 -12.65 -38.47 -27.52 | 2014/04 2011 - 2014 Monthly

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Israel Consumer Confidence
LIST BY COUNTRY


CALENDAR GMT Country Event Reference Actual Previous Consensus Forecast
2014-01-09 11:00 AM Israel
Consumer Confidence
Dec 2013 -28.0 -29.0 -33.89
2014-02-10 11:00 AM Israel
Consumer Confidence
Jan 2014 -29.0 -28.0 -25
2014-03-10 12:00 PM Israel
Consumer Confidence
Feb 2014 -26.0 -29.0 -27.19
2014-04-09 11:00 AM Israel
Consumer Confidence
Mar 2014 -26.0 -26.5 (R) -21.73
2014-05-13 11:00 AM Israel
Consumer Confidence
Apr 2014 -26.0 -27.51
2014-06-11 11:00 AM Israel
Consumer Confidence
May 2014 -27.66
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Consumer Last Previous Highest Lowest Forecast Unit
Bank Lending Rate 4.20 2014-01-15 4.20 1486.00 3.90 4.19 2014-02-28 Percent [+]
Consumer Confidence -26.18 2014-03-15 -26.48 -12.65 -38.47 -27.52 2014-04-30 [+]
Consumer Spending 138981.80 2013-11-15 137748.80 138981.80 56673.40 150527.13 2014-03-31 ILS Million [+]
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Consumer Confidence | Notes
Consumer confidence is an indicator designed to measure the degree of optimism that consumers feel about the overall state of the economy and their personal financial situation. How confident people are about stability of their incomes determines their spending activity and therefore serves as one of the key indicators for the overall shape of the economy. If consumer confidence is higher, consumers are making more purchases, boosting the economic expansion. On the other hand, if confidence is lower, consumers tend to save more than they spend, prompting the contraction of the economy.


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