Israel 'sindustrial 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.