In July 2019, Bank Hapoalim's Consumer Confidence Index fell 5.0 points

In July 2019, Bank Hapoalim's Consumer Confidence Index and TNS Telescar fell 5.0 points to 2.139. The index for the current situation fell by 3.1 points and the index remained unchanged.
Bank Hapoalim Economists: The Consumer Confidence Index has fallen over the past two months, and the level of the index has receded to the one prevailing earlier this year. Possibly
That the decline in the index was influenced by the political uncertainty, in the face of repeated elections, and perhaps also by signs of a slack in the labor market: the increase
The number of employed persons has slowed to a standstill over the past six months. Indicators released by the CBS in the past month have voted
Continued increase in private consumption - Credit card purchases rose by 5.7% in the second quarter of the year, and a number
Overseas travelers are about 9% higher in July compared to July last year. Global stock market declines at the beginning of August,
As well as the possibility that taxes will increase after the election, we believe that consumer confidence in the coming months.
For now, the index level is still high relative to the past and supports the continued expansion of private consumption, albeit at a slower pace.