The Composite Index figures for recent months were revised slightly downward (Table 1), mainly due to the decline in the Industrial Production and Revenue indices for May. Table 2 presents the development of components of the Index in the past few months.
Table 1: Revisions in the Composite Index
|
Revision |
Previous data |
New data |
|
June |
|
0.32 |
|
May |
0.28 |
0.25 |
|
April |
0.38 |
0.34 |
|
March |
0.40 |
0.39 |
Table 2: Changes in the Index components in recent months
(monthly percent change, unless otherwise noted)
1 Foreign trade indices are quantitative (in contrast to CBS monthly foreign trade indices).
June 2017
May 2017
April 2017
March 2017
Industrial Production Index (excluding mining and quarrying)
-4.1
2.6
3.9
Services Revenue Index (excluding education and public administration)
-2.0
0.6
0.8
Retail Trade Revenue Index
-3.7
2.3
2.1
Imports of consumer goods1
-0.5
-1.9
2.4
4.1
Imports of manufacturing inputs (excluding fuels)1
-4.0
0.6
4.4
-2.5
Goods exports (excluding agriculture) 1
-1.5
-0.3
-4.8
9.9
Services exports (excluding transportation) 1
3.7
0.2
Number of employee posts in the private sector
0.0
-0.1
Rate of vacant employee posts out of total number of employed people in the business sector2
3.8
3.8
3.8
3.8
Building starts3
-18.3
2 The job vacancy rate is included in the Index at its level, seasonally adjusted and smoothed.
3 Since the Central Bureau of Statistics stopped publishing monthly figures on building starts, beginning in July 2016 the method of calculation of the building starts component of the Index was changed. The component is calculated at a quarterly frequency, and the change (seasonally adjusted, in percent) is attributed to the last month of the quarter for which the figure is published.
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