CBS : War caused 65% rise in trade deficit in July
20.08.06
CBS : War caused 65% rise in trade deficit in July
Trade deficit in July 2006 totaled $816 million, 65% higher than the trade deficit of $496 million in June 2006
D&B Israel: Procurement Managers Index fell 4.2% in July 2006
20.08.06
D&B Israel: Procurement Managers Index fell 4.2% in July 2006
The fall in the index was attributed to the war in Lebanon, which slowed down domestic demand for Israeli products, and caused a sharp drop in employment and output
Zim building was damaged by missile strike
20.08.06
Zim building was damaged by missile strike
The explosion caused severe damage to the outer glasses but no injuries were reported
MAI : Factories in north suffered NIS 4.5 billion damages
20.08.06
MAI : Factories in north suffered NIS 4.5 billion damages
The Manufacturers Association of Israel (MAI) estimated last week that the direct damage to production facilities in Haifa and the northern region, since the beginning of the war was NIS 4.3 billion
CBS: H1 of 2006 - Israel's GDP grew 5.9%
20.08.06
CBS: H1 of 2006 - Israel's GDP grew 5.9%
The numbers reflect 25.8% growth in exports of goods and services. GDP growth was 6.2% in the second quarter of 2006, with 5.9% growth in the first quarter
"port2port 2007" will put Israel in the center of the global logistic arena
20.08.06
"port2port 2007" will put Israel in the center of the global logistic arena
Israel's logistics industry is about to win, in February 2007, world fame with the inauguration of "port2port 2007", the first ever international logistic and transport exhibition to be held in Israel
War risk surcharges costs Israel Economy over US$600,000 per day
15.08.06
War risk surcharges costs Israel Economy over US$600,000 per day
In recent years shipping companies charged US$9 per TEU / US$18 FEU as war risk surcharge. This has been increased to US$115 – 220 per TEU / US$440 per FEU
4 weeks war costs: NIS 7- 9 billion
15.08.06
4 weeks war costs: NIS 7- 9 billion
Economic growth in 2006 will, according to the estimates, fall from 6% to 4.6%. Tax revenues are expected to fall by NIS 3-3.8 billion