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Decline recorded in most industries, led by mixed-traditional technology Photo: Avishag Shaar Yashuv
Decline recorded in most industries, led by mixed-traditional technology Photo: Avishag Shaar Yashuv
 
 

Manufacturers: Israeli exports declining

Industrial exports drop 5% in October-November, leading to cumulative decline of 9% since beginning of 2012

Navit Zommer
Published: 01.07.13, 06:54 / Israel Business

Israel's industrial exports recorded a decline of 5% in the months of October and November, leading to a cumulative decline of 9% since the beginning of 2012, the Manufacturers Association of Israel reports.

 

"In many cases, a decline in the industry's activity precedes a decline in the activity of the entire economy," says Ruby Ginel, director of the Manufacturers Association's Economics Division.

 

The decline was recorded in most industries, led by mixed-traditional technology.

 

The mixed-elite technology industries recorded an increase in exports, moderating the decline.

 

 

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