💨 Abstract

The Bank of Israel reported a 0.6% increase in the Composite State of the Economy Index in January 2024, attributed to the ceasefire in northern Israel. Positive contributors included industrial production, services revenue, retail trade revenue, and job vacancies, but imports and exports saw decreases. The Index, based on 10 indicators, assesses real-time economic activity.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖