Israel's manufacturing production increased at a faster pace in October, data released by the Central Bureau of Statistics showed Monday.
Manufacturing production increased a seasonally adjusted 2.5 percent on a monthly basis in October, faster than the 0.8 percent growth recorded in September. In August, factory output dropped 0.2 percent month-on-month.
Separately, the agency said Israel's import price index, excluding ships and aircraft, increased 0.4 percent quarter-on-quarter in the third quarter, sharply slower than the 6.3 percent growth recorded in the second quarter. Meanwhile, the export price index dropped 1.1 percent sequentially, reversing the previous quarter's 1 percent increase.
Import prices, excluding ships, aircraft, fuels and diamonds, decreased 0.6 percent from the previous quarter, while export prices, excluding ships, aircraft, fuels and diamonds, rose 1.5 percent in the three-month period.
by RTT Staff Writer
For comments and feedback: firstname.lastname@example.org
What parts of the world are seeing the best (and worst) economic performances lately? Click here to check out our Econ Scorecard and find out! See up-to-the-moment rankings for the best and worst performers in GDP, unemployment rate, inflation and much more.