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.

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Israel Industrial Production

Actual Previous Highest Lowest Dates Unit Frequency
-1.40 1.10 62.70 -29.20 1960 - 2021 percent Monthly
NSA


Calendar GMT Actual Previous Consensus TEForecast
2021-01-24 11:00 AM Nov 8.5% 15.1% 7.5%
2021-02-22 11:00 AM Dec 9.7% 8.8% 3.5%
2021-03-22 11:00 AM Jan 2.3% 10.4% 6.5%
2021-04-26 10:15 AM Feb -1.4% 1.1% 3.5%
2021-06-02 10:00 AM Mar -1.4%
2021-06-25 10:00 AM Apr
2021-07-28 10:00 AM May
2021-08-20 10:00 AM Jun


News Stream
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 January Industrial Output Growth Slows to 2.3%
Industrial production in Israel increased by 2.3 percent year-on-year in January of 2021, following an upwardly revised 10.4 percent rise in the previous month. Output grew at a slower pace for both mining & quarrying (15.4 percent vs 57.4 percent in December) while manufacturing production decreased marginally (-0.1 percent vs 5.0 percent). On a seasonally adjusted monthly basis, industrial production declined by 0.5 percent, after edging up by 0.4 percent in the preceding month.
2021-03-22
Israel December Industrial Output Growth Quickens to 9.7%
Industrial production in Israel grew 9.7 percent year-on-year in December of 2020, following an upwardly revised 8.8 percent rise in the previous month. Output advanced faster for both mining & quarrying (58.6 percent vs 51.9 percent in November) and manufacturing (4.1 percent vs 3.7 percent). On a seasonally adjusted monthly basis, industrial production went up 0.4 percent, after an upwardly revised 1.4 percent rise in the preceding month.
2021-02-22
Israel November Industrial Output Growth Slows to 8.5%
Industrial production in Israel advanced 8.5 percent year-on-year in November of 2020, decelerating from a 15.1 percent jump in the previous month. Output grew at a slower pace for both mining & quarrying (51.6 percent vs 55.8 percent in October) and manufacturing (3.5 percent vs 9 percent in October), namely the production of machinery & transport equipment (6.5 percent vs 18.6 percent) and computers, electronic and optical products (13.9 percent vs 22.2 percent). On a seasonally adjusted monthly basis, industrial production increased 1.2 percent, after a downwardly revised 0.4 percent drop in the previous month.
2021-01-24

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.