Israel's industrial sector has shown a remarkable turnaround, with industrial output rising to 2.6% in December 2024, a significant increase from the modest 0.1% recorded in November 2024. This data, updated as of February 23, 2025, reflects a positive shift in the country's manufacturing and production landscape.
The month-over-month comparison indicates that the Israeli industry has managed to overcome the stagnation observed in the preceding month. In November, industrial output showed a negligible increase, signaling a period of near-stagnation. However, the December figures suggest a resurgence of industrial activities and an uptick in production levels.
This unexpected growth in the industrial output is a promising sign for Israel's economy, highlighting the resilience and adaptability of its industrial sector. The precise factors contributing to this increase remain to be fully dissected, but the data presents a favorable outlook for the upcoming months.
The material has been provided by InstaForex Company - www.instaforex.com
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