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Reuters
2 days ago
- Business
- Reuters
Israel eyes changing CPI publication to before markets open
JERUSALEM, July 20 (Reuters) - Israel's Central Bureau of Statistics said on Sunday it was considering moving up publication of its monthly consumer price index (CPI) to before financial markets open partly in a bid to boost trading activity. The bureau currently publishes the CPI, a key measure of inflation that is also used for determining cost-of-living adjustments for wages and in central bank interest rate decisions, after markets close at 6:30 p.m. local time, usually on the 15th of the month when the date does not coincide with Saturday. It said that the Tel Aviv Stock Exchange requested the change in publication permanently to 10 a.m. on the 15th, just as stock and bond markets are opening and similar to that of many Western countries. Other options are also being considered but the bureau did not elaborate. The bureau has asked for public comment until August 1. Pushing up the CPI publication would, it said, expand trading opportunities in CPI derivatives, bonds and Treasury bills during trading hours, as well as allow for direct market reaction and analysis of the CPI without "offsetting events between post-market publication and the next trading day."
Reuters
16-06-2025
- Business
- Reuters
Israel's growth revised higher to 3.7% annualised in first quarter
JERUSALEM, June 16 (Reuters) - Israel's economy grew more than previously estimated in the first quarter, boosted by exports and investment, the Central Bureau of Statistics said on Sunday, as the war in Gaza against Palestinian Islamist group Hamas continued to impact growth. In the bureau's second estimate, gross domestic product grew an annualised 3.7% in the first quarter from the prior three months, higher than an initial expectation of 3.4% and up from an upwardly revised 2.0% in the fourth quarter of 2024. Per capita GDP was 2.4%. The data follow figures also issued on Sunday showing the annual inflation rate easing to 3.1% in May from 3.6% in April. In the first quarter, the economy benefited from higher exports, investment and public spending, offset partially by lower consumer spending.
Reuters
18-05-2025
- Business
- Reuters
Israel economy grew 3.4% in Q1 as war against Hamas weighs
JERUSALEM, May 18 (Reuters) - Israel's economy grew moderately in the first three months of 2025, as the war in Gaza against Palestinian Islamist group Hamas continues to take its toll. The Central Bureau of Statistics said in an initial estimate on Sunday that gross domestic product (ILGDPP=ECI), opens new tab grew by an annualised 3.4% in the January to March period from the fourth quarter, largely in line with a 3.5% consensus in a Reuters poll. On a per capita basis, GDP gained 2.2% in the first quarter. The war in Gaza broke out after Hamas' cross-border attack on southern Israel in October 2023. A ceasefire that came into effect on January 19 this year ended in mid-March, although a ceasefire with Hezbollah in Lebanon since late November has held up.
