Israel's economic sentiment is on the rise, according to the latest Thomson Reuters IPSOS Primary Consumer Sentiment Index (PCSI). As of September 2024, the PCSI for Israel has increased to 44.13, up from 41.73 recorded in August 2024. This data, updated on September 12, 2024, reflects a significant month-over-month improvement.
The August figure of 41.73 marked a previous stable period before the sentiment saw this uptick in September, suggesting growing consumer confidence in Israel's economic conditions. This month-over-month comparison highlights a positive shift in the public's perception and possibly general economic outlook, which could hint towards increased consumer spending and an overall boost in market activity.
Stay tuned for more updates as we continue to monitor the economic indicators shaping Israel and global markets.
