Credit to Private Non-Financial Sector by Banks, Adjusted for Breaks, for Israel
Billions of Israeli New Shekels
QILPBMXDCA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,386.88
Year-over-Year Change
27.17%
Date Range
4/1/1981 - 10/1/2024
Summary
The 'Billions of Israeli New Shekels' trend measures the total value of Israeli currency in circulation. This metric is closely watched by economists and policymakers to gauge economic activity and monetary policy in Israel.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
This data series tracks the total amount of Israeli new shekels, the official currency of Israel, currently in circulation. It serves as an indicator of the overall money supply and can provide insights into inflation, consumer spending, and the broader health of the Israeli economy.
Methodology
The data is collected and reported by the Bank of Israel, the country's central banking authority.
Historical Context
Analysts and policymakers use this trend to assess monetary policy and make informed decisions regarding interest rates, inflation targeting, and other economic interventions.
Key Facts
- The Israeli new shekel is the official currency of Israel.
- The Bank of Israel is responsible for managing the country's money supply.
- Monitoring the total value of shekels in circulation helps assess economic activity.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total value of Israeli new shekels currently in circulation, providing insights into the country's money supply and broader economic activity.
Q: Why is this trend relevant for users or analysts?
A: The 'Billions of Israeli New Shekels' trend is closely watched by economists and policymakers to gauge inflation, consumer spending, and the overall health of the Israeli economy.
Q: How is this data collected or calculated?
A: The data is collected and reported by the Bank of Israel, the country's central banking authority.
Q: How is this trend used in economic policy?
A: Analysts and policymakers use this trend to assess monetary policy and make informed decisions regarding interest rates, inflation targeting, and other economic interventions in Israel.
Q: Are there update delays or limitations?
A: The data is published regularly by the Bank of Israel, with potential for minor delays in reporting.
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Citation
U.S. Federal Reserve, Billions of Israeli New Shekels (QILPBMXDCA), retrieved from FRED.