web analytics
January 19, 2017 / 21 Tevet, 5777

Posts Tagged ‘Central Bureau of Statistics’

Bank of Israel Keeps Interest Rate Unchanged for January 2017

Monday, December 26th, 2016

The Bank of Israel has announced the interest rate for January 2017 will remain unchanged at 0.1 percent.

The BOI wrote in its report that the decision to keep the interest rate for January 2017 unchanged at 0.1 percent is consistent with the Bank’s monetary policy, which is intended to return the inflation rate to within the price stability target range of 1–3 percent a year, and to support growth while maintaining financial stability. “The Monetary Committee continues to assess that in view of the inflation environment, and of developments in the global economy, in the exchange rate, as well as in monetary policies of major central banks, monetary policy will remain accommodative for a considerable time,” the report said.

The Consumer Price Index for November declined by 0.4 percent, more than forecasters’ predictions of a 0.1 percent decline, on average, according to the BOI report. The decline is partly explained by a seasonal decline in the fruit and vegetables component of 4.3 percent, which was large compared with the decline in recent years, and a seasonal increase of 1.5 percent in the clothing and footwear component that was low compared with the increase in recent years. The inflation rate as measured by the change in the CPI over the past 12 months was -0.3 percent, similar to the figure for last month.

One-year term inflation expectations were impacted by the surprise in the CPI for November. Inflation expectations derived from the capital market increased slightly, to 0.6 percent, and the average of private forecasters’ projections declined slightly to 0.6 percent. Expectations for inflation derived from banks’ internal interest rates increased slightly, after half a year of stability, to 0.4 percent. Forward expectations for medium and long terms fluctuated as well—they increased following the US elections and declined after the publication of the November CPI.

The picture of real economic activity remains positive, and various indicators point to a stable rate of growth. Foreign trade trend data indicate growth in imports, and contraction of exports due to a temporary slowdown in exports of electronic components. Goods exports excluding electronic components reached $3.5 billion in November (seasonally adjusted), and are high relative to their level in the recent period. The Purchasing Managers Index and Consumer Confidence Indices compiled by the Central Bureau of Statistics and by Bank Hapoalim increased in November, with the latter at a six-year high.

For information on the status of the labor market, budget data, staff forecast, foreign exchange market, capital and money market, the money supply, the credit market, the housing market, and the global economy, click here.

Hana Levi Julian

In Q3 Israel Sees Increases in Exports, Imports, CPI, IPI, Turnover Index

Monday, October 31st, 2016

In the period of July through September 2016 (according to annualized trend data), exports of goods (except diamonds, boats and planes) rose 7/1% compared with April through June 2016, according to a statement released by the Central Bureau of Statistics. Imports (except diamonds, boats, planes and energy products) rose 8.1%. The Consumer Price Index rose by 0.4%.

In the period of July-August 2016, compared with May-June 2016 (according to annualized trend data), the Industrial Production Index rose 5.5%. The turnover index for all market sectors except diamonds went up 0.3%.

The only component to go down in those two months was the retail turnover index, by 4.3%.

Unemployment in Israel rose to 4.9% in September, compared with 4.6% in August.

JNi.Media

Report: 48% of Jerusalem Residents Are Poor

Thursday, June 23rd, 2016

About half of the total population in the city of Jerusalem live below the poverty level according to data gathered in 2014, the Central Bureau of Statistics and Bituach Leumi, National Insurance Institute) report.

Elsewhere in the country the poverty rate is much lower. According to the agencies, half that number — 22 percent — of the total population in Israel was found to be living below the poverty line in 2014.

In 2013, the poverty rate in Israel was 20.9 percent, according to a report released by the Organization for Economic Cooperation and Development. The OECD reported that year that Israel had the highest poverty rate in the developed world.

Hana Levi Julian

Israel’s Balance of Payments Q3 / 2015: $3.8 Billion Surplus

Monday, December 14th, 2015

(JNi.media) According to the Israeli Central Bureau of Statistics, Israel’s balance of payments for the third quarter of 2015 (July – September) looked positive, considering the current economic environment.

The data on the current account of Israel are a summary of the country’s balance of payments conducted by the Central Bureau of Statistics at the end of the third quarter of 2015. The summary includes transactions of Israeli residents with foreign entities in four different accounts: the account of goods (exports imports), the services account (Exports Imports), the account of primary income (income from financial investments and wages per employee), and secondary income (current transfers of funds).

The current account surplus totaled $3.8 billion, following a surplus of $3.4 billion in the previous quarter.

The balance of goods and services amounted to a surplus of $2.5 billion, following a surplus of $1.8 billion in the previous quarter.

The Imports of goods and services decreased by 3.5% from the previous quarter to $20 billion.

The Exports of goods and services remained at a level similar to that of the previous quarter, totaling $22.5 billion.

Israeli residents’ investments in foreign tradable securities decreased by $100 million following continued increases since 2012.

Investments by foreign residents in negotiable Israeli securities decreased by $2.1 billion in the first three quarters of 2015, after rising by $6.7 billion in the three preceding quarters.

In the net external debt, the excess of assets over liabilities amounted to about $108 billion, compared with $92 billion in the same quarter the year before.

Current-account-by-components

JNi.Media

1.7M Israeli Families Living Below Poverty Line

Wednesday, December 9th, 2015

Israeli children and families are paying the price — literally — of defense from Arab terrorism, as reflected in 2014 data released Wednesday.

According to the figures from the Central Bureau of Statistics (CBS), 1.7 million Israelis are living in poverty — about 22 percent of the population — including 776,500 Israeli children.

The data appeared in the annual poverty report released Wednesday by National Insurance Institute head Professor Shlomo Mor Yosef and Social Services Minister Haim Katz.

The report, which quoted CBS data collected in 2014, showed that 1,709,300 people — including 444,900 families — are living below the poverty line.

A single individual is considered to be living below the poverty line with a monthly income of NIS 3,077 or $200 per week, give or take a few shekels. A family of five is classified “below the poverty line” at a monthly salary level of NIS 9,230 and under; a couple who earns less than NIS 4,923 per month is also living below the poverty line.

Approximately 17.5 percent of Israel’s poverty-stricken families are hareidi-religious Jews, according to the report, and the poverty rate in that sector of the population is a stunning 54.3 percent.

Despite the dark numbers, the growth in poverty appears to have slowed at least somewhat. The poverty line reported rose by 2.4 percent in 2014, as did the disposable median income per capita.

Nevertheless, the poverty severity index increased by 10 percent in 2014. It is worth pointing out that Israel was forced once again last year to arm and defend itself against thousands of rocket, missile and mortar attacks during the summer war with Gaza’s ruling Hamas terror group and its terrorist allies.

That nightmare not only cost the Jewish State billions of desperately-needed dollars; it also cost the country in terms of injured and severely, permanently traumatized children, their parents and other Israeli adults.

Hana Levi Julian

Jewish New Year’s Eve: Israel Reaches 8.4M

Tuesday, September 8th, 2015

In the past year, the State of Israel has enlarged its population 1.9 percent, or 158,000 new citizens.

During this past year, 168,000 new Israelis were born and 42,000 died. In addition, 28,000 new olim arrived on aliyah – a 35 percent increase over last year.

The highest percent of new immigrants came from war-torn Ukraine (26 percent), closely followed by France (25 percent), where anti-Semitism is skyrocketing. Those populations were not far ahead of Russia, whose immigration statistic for the year was 21 percent. Immigration from the U.S. only reached nine percent.

Of the now 8.412 million people living in the State of Israel, 6.3 million – the vast majority (74.9 percent) – are Jews.

The next largest population (20.7 percent) in the country is comprised of Israeli Arabs, some 1.746 million people.

The rest (4.4 percent) – 366,000 – are a mix of residents who hail from various other ethnic groups and faiths.

It is believed by those who work in demographics in the Central Bureau of Statistics that Israel’s population will grow to 10 million sometime between 2025 and 2030.

Hana Levi Julian

AP Anti-Settler Campaign Surging – With or Without Netanyahu

Wednesday, December 17th, 2014

It’s a shame the Times of Israel and other news outlets chose to regurgitate AP’s article, “Netanyahu years see more settlement growth“, “West Bank settlement expansion surged under Netanyahu” and the other variations on that title’s theme, without bothering to add any critical editorial commentary or response to how AP selectively presented their data and reached their conclusions.

Starting with the various titles (some worse than others), the article is misleading from beginning to end.

“The population of Jewish settlers in the West Bank has surged during Prime Minister Benjamin Netanyahu’s years in office, growing at more than twice the pace of Israel’s overall population, according to newly obtained official figures.”

After repeatedly telling us how much Netanyahu supports settlement construction and growth, using words like “surge” and “strong” and “continued support”, it’s only 6 paragraphs into the article that AP bothers to admit (right before reminding us that the settlement population “more than doubled” in 21 years):

“The rate of settler population growth slowed slightly under Netanyahu, from 31% during the previous five years under his predecessors Ariel Sharon and Ehud Olmert.”

“Slowed slightly” – exactly how much is “slightly”?

It’s only towards the end of the article, quoting the “anti-settlement watchdog group Peace Now,” who claims that settlement growth rates are now “23% inside the barrier and 20% beyond it”.

If under Sharon that percent was 31%, and under Netanyahu that percent dropped to 20%-23% – um, wheres the surge?

Are you still with me when I ask how these papers let this AP article be published?

Continuing on, you might also find yourself confused from the beginning — is the article talking about new settlements? New home construction? Population growth? The article seems to go back and forth, mixing them together.

Correct.

The article mixes them together, but suspiciously leaves out the hard numbers on actual construction data, sticking only to select population growth numbers and percentages – and there’s a reason for that.

In 2010 (I provide the raw data at the end of the article, all supplied from Israel’s Central Bureau of Statistics website), Netanyahu completed construction on 1670 homes in Judea and Samaria. That number reached a low of 1,272 in 2012, and in 2013 was only 1,439.

Between 2010 – 2013, the settlement population grew by approximately 50,000 people, yet the total number of new homes built was a mere 6,062 – nowhere near enough for the population’s needs.

It gets worse.

The AP article likes to talk percentages, so let’s use their lingo.

In 2013, Settlers represented 4.28% of the national population – yet only 3.37% of national construction was completed in Judea and Samaria.

Since 2010, the settlements’ share from the national percentage of housing completions has only declined — under Netanyahu.

For the period between 2010 to 2013, settlers averaged 4.19% of the national population – but only represented 3.23% of national house starts and 4.1% of national housing completions.

In short, unlike what the article wants to make you think, under Netanyahu, besides not being allowed to build what the population needed, settlements did not even receive their fair share of new homes compared to the rest of Israel.

Considering AP’s history, it’s important to point out that the article liberally quotes the radical left-wing Peace Now, but yet doesn’t quote NGO-Monitor or any settler for that matter who might have a thing or two to say about Peace Now’s statements or this data.

But now let’s also talk about the Arabs in Judea and Samaria, since the article addresses them too.

The article makes a doubly ridiculous statement that the Israeli papers let slide:

“The more than 2 million Palestinians in the West Bank cannot vote for the Israeli government that controls much of their lives, while Jewish settlers can.”

To begin, Ambassador Yoram Ettinger’s research shows there to be approximately 1.69 million Arabs in Judea and Samaria in 2013, not over 2 million – the 2 million+ is based on clearly false data provided by the Palestinian Authority. Even if you don’t accept Ettinger’s exact numbers, the numbers AP supplies are disputed, and they should have mentioned that.

The second is that the article wants to imply, if not say outright, that Israel is an Apartheid state by not allowing “Palestinians” the right to vote for the Israeli government.

Except for one minor detail — the Arabs in Judea and Samaria have their own government that controls much of their lives.

The Arabs in Judea and Samaria pay taxes to the Palestinian Authority, they can serve in the Palestinian Authority’s army, police, national and municipal authorities, they run their own schools and can fill up their children’s minds with as much anti-Semitic brainwashing as they want (and they do), and when their government allows them to, the Arabs in Judea and Samaria even get to vote for their own government.

If there were any sentence in the AP article that shows how biased the article is, it is certainly that one.

It really is unfortunate that this AP article was posted by any Israeli paper of note, but worse, that it was published without any critical editorial response from the papers that published it.

JoeSettler

Printed from: http://www.jewishpress.com/blogs/muqata/ap-anti-settler-campaign-surging-with-or-without-netanyahu/2014/12/17/

Scan this QR code to visit this page online: