Industrial production in Israel decreased by 1.4 percent year-on-year in February of 2021, following a downwardly revised 1.1 percent rise in the previous month. It was the first contraction in industrial output since April of 2020, as production fell at a faster pace for manufacturing (-3.0 percent vs -1.3 percent in January), while mining & quarrying production rose at a slower pace (7.9 percent vs 14.5 percent). On a seasonally adjusted monthly basis, industrial production retreated 1.1 percent, after a downwardly revised 1.3 percent fall in the preceding month. source: Central Bureau of Statistics, Israel
Industrial Production in Israel averaged 5.64 percent from 1960 until 2021, 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 May of 2021.
Industrial Production in Israel is expected to be 5.50 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 3.30 in 12 months time. In the long-term, the Israel Industrial Production is projected to trend around 4.50 percent in 2022, according to our econometric models.