Israel Consumer Confidence
Customers' expectations regarding changes in their household financial condition, the country's overall economic situation, unemployment levels, and their household saving plans for the next 12 months are measured by the Consumer Confidence index in Israel. Based on a sample of approximately 759 people aged 21 and up the indicator is an arithmetic mean with equal weights, generated from a combination of responses to four questions. Customers' confidence is assessed on a scale from -100 to 100, with -100 representing a great loss of confidence, 0 representing neutrality, and 100 representing complete trust.
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.
