Industrial production in Israel eased to 6.4 percent year-on-year in May of 2021, following an upwardly revised 31.2 percent growth in the previous month which was the highest increase in output since October 2006. Production rose at a softer pace for both manufacturing (2.9 percent vs 29.8 percent in April) and mining & quarrying (29.8 percent vs 39.3 percent). On a seasonally adjusted monthly basis, industrial production declined 1.9 percent, followed by a 0.7 drop in the prior month. source: Central Bureau of Statistics, Israel

Industrial Production in Israel averaged 5.68 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 August 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.

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Israel Industrial Production

Actual Previous Highest Lowest Dates Unit Frequency
6.40 31.20 62.70 -29.20 1960 - 2021 percent Monthly
NSA


Calendar GMT Actual Previous Consensus TEForecast
2021-04-26 10:15 AM Feb -1.4% 1.1% 3.5%
2021-05-24 10:00 AM Mar 7.08% -2.07% 5%
2021-06-28 11:00 AM Apr 30.1% 8.20% 15%
2021-07-22 10:00 AM May 6.42% 31.17% 19%
2021-08-23 10:00 AM Jun 6.42%
2021-09-24 10:00 AM Jul
2021-10-27 11:00 AM Aug
2021-11-24 11:00 AM Sep


News Stream
Israel Industrial Output Growth Slows to 6.4%
Industrial production in Israel eased to 6.4 percent year-on-year in May of 2021, following an upwardly revised 31.2 percent growth in the previous month which was the highest increase in output since October 2006. Production rose at a softer pace for both manufacturing (2.9 percent vs 29.8 percent in April) and mining & quarrying (29.8 percent vs 39.3 percent). On a seasonally adjusted monthly basis, industrial production declined 1.9 percent, followed by a 0.7 drop in the prior month.
2021-07-22
Israel Industrial Output Grows the Most since 2006
Industrial production in Israel soared 30.1 percent year-on-year in April of 2021, following an upwardly revised 8.2 percent rise in the previous month. It was the highest increase since October 2006, as production advanced for both manufacturing (28.7 percent vs 5.1 percent in March) and mining & quarrying (40.2 percent vs 30.6 percent). On a seasonally adjusted monthly basis, industrial production fell by 0.7 percent, after an upwardly revised 3.6 percent growth in the previous month.
2021-06-28
Israel Industrial Output Rebounds in March
Industrial production in Israel surged 7.08 percent year-on-year in March of 2021, rebounding from an upwardly revised 2.07 percent fall in the previous month. It was the highest increase since January 2021, as production jumped for both manufacturing ( 3.8 percent vs -3.7 percent in February) and mining & quarrying (30.8 percent vs 7.71 percent). On a seasonally adjusted monthly basis, industrial production rose by 2.3 percent , after an upwardly revised 1.0 percent fall in the previous month.
2021-05-24
Israel Industrial Output Falls for First Time in 9 Months
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.
2021-04-26

Israel Industrial Production
In Israel, industrial production measures the output of businesses integrated in industrial sector of the economy such as manufacturing, mining, and utilities.