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Economic & Financial Monthly Review
Although the growth rate probably increased in the third quarter of the year, we do not regard this as indicative of the future pace of recovery. Indeed, certain indicators suggest that the pace of growth will actually slow during the coming months
Consumer Confidence Index
Bank Hapoalim’s and TNS Teleseker’s Israeli Consumer Confidence Index declined slightly in October. Bank Hapoalim economists: We estimate that after a period of six months, characterized by a robust economic recovery, we may be standing before a period of stable or slightly lower growth rates. Credit card sales have stabilized in August and September as have the manufacturing sector indexes.
 
 
Indices
* Dow 10327.31 -0.05%
* Nasdaq 2146.04 -0.50%
* SP500 1091.38 -0.32%
Nikkei 9497.68 -0.54%
Tel Aviv 100 998.14 -0.43%
FTSE 5251.53 -0.31%
Dax 5662.93 -0.69%
Prime Rate --- 2.25%
Currency Exchange Rates
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