BOLl: "S" index up 0.4% in December

Economic performance index increased nine months ia row. The Bank of Israel recently changed the components of the index
 
The Bank of Israel (BOL) said last Tuesday that Israel's economic performance index, or "S" index, rose 0.4% in December, its ninth increase in a row. In a statement issued by the central bank it noted that "The rise in the index, following gains in recentmonths, points to a continued recovery in economic activity”.
 
The Bank of Israel recently changed the components of the index. The central bank revised November's S index from an initially reported rise of 0.6 percent and October's index to a rise of 0.5% from 0.6%.
 
The number of salaried employees was 1.977 million in October, the last month for which data was available, up from 1.971 million in September.
 
Further data released by the Bank, services exports noted a 3.6% rise and goods exports noted a7.2%  rise in December, while goods imports added 2.1%. Israel's economy grew an estimated 0.5% in 2009.