כיכר השבת

Bank of Israel: Growth Remains Slower Than Long-Term Average

The Bank of Israel reported a 0.11% rise in its Composite State-of-the-Economy Index for May, signaling modest economic growth. According to the central bank, the figure “reflects a slower pace of expansion compared to the long-term average,” pointing to continued economic caution amid both domestic and global uncertainties. The composite index tracks a range of indicators, including industrial production, trade, and labor market activity.