Bank Hapoalim's PMI rose in November by 0.1%

Bank Hapoalim's PMI rose in November by 0.1 points to 8.52 points. Index rise in month
The latter is largely a contribution from an increase in the export order component, which increased by
0.8 points and moved to indicate an expansion in activity, for the first time in eight
Months. Conversely, the employment component has shifted to a contraction in activity
It dropped 3.5 points to 7.48 points.
The Global Purchasing Managers Index, published by JPMorgan Bank, rose one month ago
November at 5.0 points to 3.50 points, and moved on to vote
Expansion in industrial activity for the first time since April this year.
In the US, the ISM index continued to fall, reaching a level of 1.48 in November
Points, this is the fourth consecutive month that the index is at a level that indicates
Contraction in industrial activity. In the eurozone, the index rose to a level of
9.46 points, and for the past ten months it is indicative of a contraction in activity.
In China, the index remained stable at 8.51 points.
Bank Hapoalim Economists: The Israel Purchasing Managers Index shows three of these
Months on expansion in the activity of the manufacturing industry. This month registered a component
The orders for exports rose significantly and moved to indicate expansion, so most
The key index items, excluding employment, indicate an expansion trend.
Progress in US-China trade talks may encourage executives
Purchasing globally and in Israel, which is the reason for the change in purchasing managers' indices
In the world.
The economic indicators for the industry in Israel published by the CBS
Point to a mixed trend over the past month. Foreign trade data per month
November indicated a decline in industrial exports, but a rise in material imports
Raw and importing investment products. Manufacturing production rose 3.1%
In July-September 2019 in annual terms, after a 9.3% increase
In the previous three months.
The US and China reached a preliminary conclusion regarding the first installment of the trade agreement
Among them, the results of the election in England guarantee government stability and progress
In preparation of the Barakzit Agreement with the EU. These developments
Investors are expected to reduce uncertainty, and to support trade as well
And in global investments.