The Bank of Israel published its monthly Index of Economic Activity showing a 0.2 percent increase in February, a slower pace than in the previous three months. The reading reflects the three-month average monthly growth estimate for December 2025 to February 2026 and is below the long-term growth trend of about 0.3 percent; it does not reflect the economic implications of Operation Roaring Lion, which began on February 28. Upward contributions came from imports of manufacturing inputs in February, imports of durable consumer goods in January and February, imports of investment assets in January, and the general shares index on the Tel Aviv Stock Exchange in recent months. Offsetting factors included trade and services revenue in December, goods exports and manufacturing exports in February, job vacancies in January and February, the number of employee posts, indirect taxes net of legislative changes, and gasoline consumption in January. Recent months’ index readings were revised downward as previously missing data were completed.
Bank of Israel 2026-03-18
Bank of Israel reports February economic activity index up 0.2 percent and revises recent readings downward
The Bank of Israel reported a 0.2% increase in its monthly Index of Economic Activity for February, indicating slower growth than the previous three months and below the long-term trend of 0.3%. Positive contributions came from imports and the Tel Aviv Stock Exchange, while trade revenue, exports, job vacancies, and gasoline consumption were offsetting factors. The index does not account for the economic impact of Operation Roaring Lion, which began on February 28, and recent readings were revised downward due to updated data.