The Melnick State of the Israeli Economy Index Update

תפריט

30/07/2025

::: Download Index Data in Excel Format :::

Click To Enlarge

The Melnick State of the Israeli Economy Index rose by 0.2% in May 2025, reflecting an increase in business sector activity.

The May index does not yet reflect the impact of the war with Iran.

The business sector is growing at a moderate rate. The revenue in the economic branches, which represent domestic demand and private consumption, is not growing as we were used to in the past. Some recovery in industrial activity is evident, as is evident in the increase in the industrial production index, which represents the supply side of the business sector.

The import index, which consists mainly of inputs for domestic production, rose and corrected the previous month’s decline. The number of employee posts in the business sector rose, erasing the previous month’s decline and returning to the level on the eve of the war on October 7.

May index components:

• Industrial Production Index: Up 0.2% in April, after a 0.8% decline in March.

• Revenue of the economy: Down 0.5% in April, after a 0.3% increase in March.

• Import Index: Down 5.3% in May, after a 2.0% increase in April.

• Number of employee posts in the business sector: Up 1.1% in March, after a 1.0% decrease in February.