Israel Consumer Confidence Index up by 0.3 points in September

The index noted that it is the second consecutive month of higher consumer confidence, after a rise of 5.1 in August
 
The Israel Consumer Confidence Index, rose by 0.3 points in September to 93.8 points (1996 baseline = 100). The move follows a rise of 5.1 points in August, and a drop of 1.4 points in July.
 
The index, which is compiled by Globes Research and Kesselman - Pricewaterhouse Coopers Israel, noted that September is the second consecutive month of higher consumer confidence, which follow fourth months of drops.
 
It appears that Israeli consumers are influenced by positive data on the local economy, and are not all that frightened by pessimism over the US and European economies. US consumer confidence fell sharply in September.