Loading page content
Data from FMP. Forecasts by Sigmanomics Forecast Engine.
IsraelIsrael Business Confidence climbed to 8.17 in April 2026
FMPMonthlyReleased May 2026
Israel Business Confidence climbed to 8.17 in April 2026, released May 2026, up 3.57 from March's 4.6 reading. The print exceeded the 2 consensus by 6.17. The print is running well below the 12-month average of 18.49. Over the past 3 months, Business Confidence averaged 12.06, vs 20.37 in the prior 3-month window. The reading is in the 6th percentile of the trailing 24-month range.
Latest Release
8.17
Actual
2
Consensus
4.6
Previous
Median Absolute Error
±1.24 percentage points
across last 12 releases
Last Call
Feb 2026
Predicted: 21.18
Actual: 20.5
Error: +0.68
Sigmacast Σ-direction model: consensus + ½ × mean(surprise, trailing 90d).
CORRELATED SYMBOLS— markets that historically move with this indicator
| Symbol | Direction | Correlation | Asset Class | Signal Bias | Action |
|---|---|---|---|---|---|
| USD/JPY | ▼ Inverse | −0.74 | FOREX | Bearish USD | → View |
| EUR/USD | ▲ Direct | +0.67 | FOREX | Bullish EUR | → View |
Correlation based on 12-month rolling window. Click any symbol to view its Sigmanomics forecast page.
The May 2026 reading rose from the previous value of 4.6. Over the last 12 releases, the Sigmanomics model has produced a median absolute forecast error of ±1.24. Historically, this indicator is negatively correlated with USD/JPY (Bearish USD) and positively correlated with EUR/USD (Bullish EUR).
SHARE
Business Confidence - IL
Loading chart data...
Σ
EXPECTED ZONE
SIGMANOMICS MARKET FORECAST ENGINE
Multi-horizon symbol forecasts, Rolling-Surprise economic predictions, and programmatic API access.
Expected Zones · Trade Bias · Confidence Intervals · API Access · 1,456+ instruments
FOREXCRYPTOSTOCKSCOMMODITIESINDICESAPI
BLSBEAFMPWORLD BANKFRED
1,456+ instruments247 indicators530+ correlationsREST + GQL API
4,151 economic indicators127 countries covered6 data sources
FREDBLSEIAECBBOJFMP
Economic Calendar - IL Events
| Friday, May 15, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
|---|---|---|---|---|---|---|---|
| 11:00 | IL | CPI YoY | 1.9 | 1.9 | 1.9 | 1.90 | Low |
| 11:00 | IL | CPI MoM | 1.2 | 0.4 | 1.2 | 1.20 | Low |
| 11:10 | IL | Inflation Rate YoY | 1.9 | 1.9 | 2.2 | 1.88 | Low |
| 11:10 | IL | Inflation Rate MoM | 1.2 | 0.4 | 0.5 | 0.55 | Low |
| Sunday, May 17, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
| 10:00 | IL | GDP Growth Annualized | 3.3 | -2.8 | -2.80 | Low | |
| Monday, May 18, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
| 10:00 | IL | Unemployment Rate | 2.8 | 2.9 | 2.90 | Low | |