The Purchasing Manager's Index in Israel indicates the performance of the manufacturing sector that is determined from a survey of a large number of industrial firms. New Orders, Production, Employment, Supplier's Delivery Time, Inventories, and Prices of Raw-Materials are the six separate indicators that form the Purchasing Manager's Index. A rating of more than 50 shows a growth in the manufacturing sector when compared to the prior month, a reading less than 50 suggests a contraction, and a reading of 50 indicates no variation.
A higher than expected figure should be seen as positive (bullish) for the ILS while a lower than expected figure should be seen as negative (bearish) for the ILS.
Source:
Bank Hapoalim/ILPMA
Category:
Manufacturing PMI
Units:
Points
Latest Release
Previous:
48.3
Consensus:
48.5
Actual:
48.1
Next Release
Date:
Oct 19, 11:00
Time left:
15 days
Consensus:
52
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