Israel

Israel PMI April 2021

Israel: Manufacturing PMI picks up in April

The Purchasing Managers’ Index (PMI), produced by Bank Hapoalim and the Israeli Purchasing & Logistics Managers Association (IPLMA), came in at 52.6 in April, up from March’s 48.6. Consequently, the index rose above the 50-threshold, signaling an improvement in business conditions from the previous month.

April’s reading was driven by growth in exports and output, and was likely supported by reviving activity abroad.

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