Retail sales index in Israel, January, 2020
For that indicator, Israel Central Bureau of Statistics provides data for Israel from January 1995 to January 2020. The average value for Israel during that period was 94.99 index points with a minimum of 47.64 index points in February 1995 and a maximum of 162.7 index points in December 2019.
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Measure: index points
Source: Israel Central Bureau of Statistics
Definition: The retail sales index is an aggregated measure of the sales of retail goods over a stated period. Because retail sales are a measure of consumer demand for finished goods, they are a leading macroeconomic indicator of the pulse of an economy and its projected path toward expansion or contraction. The retail sales index measures only the volume changes, i.e. price level changes are excluded.