Increased imports of durable goods point to the economy's recovery.
15,239 private cars were imported in January 2010, 43% more than the 10,665 cars imported in January 2009, the Israel Tax Authority reported today. Imports of commercial vehicles rose by 5.7% over the same period. Trend figures show that car imports have been rising steadily since March 2009.
Imports of most appliances were also higher in January 2010 than in the corresponding month of last year: imports of washing machines were up 28%, imports of dishwashers were up 2%, refrigerators were up 1%, and DVD players were up 1.6%. However, imports of clothes dryers fell 26%, and imports of TVs were down 5%.
In dollar terms, durable goods imports totaled $4 billion in January 2010, 20% more than in the corresponding month.
Published by Globes [online], Israel business news - www.globes-online.com - on February 8, 2010
© Copyright of Globes Publisher Itonut (1983) Ltd. 2010