Israel’s terms of trade (excluding ships, planes, diamonds and fuel) improved by 1% in 2006.
Israel’s terms of trade (excluding ships, planes, diamonds and fuel) improved by 1% in 2006, after improving by 1.3% in 2005, thanks to an increase in exports, the Central Bureau of Statistics reported today.
Exporters’ aggregate profits rose by 3.1% in 2006, partly thanks to an increase in exports and a 0.9% strengthening of the euro against the dollar. Exporters’ profits rose by 10% in 2004-06. Exporters’ aggregate profits, including diamond merchants, rose by 4.2% in 2006.
Prices of imports rose by 2% in 2006 because of the strengthening of the euro. Prices of imports rose by 9.2% in 2004-06
Published by Globes [online], Israel business news - www.globes.co.il - on March 22, 2007
© Copyright of Globes Publisher Itonut (1983) Ltd. 2007