Israel: Economic activity falls in March due to war
Latest reading: The monthly index of economic activity was down 0.2% on a seasonally adjusted month-on-month basis in March, following 0.1% growth in the prior month. March’s reading was the weakest since June 2025. The latest month’s reading reflects the average growth estimate from the previous three months, thus partially reflecting the impact of conflict with Iran that started on 28 February.
The Index was weighed down by weaker credit card purchases, retail trade, construction-input output, goods exports in mixed-high technology industries and manufacturing, goods imports, job vacancies and employment.