JEWISH. INDEPENDENT. NONPROFIT.
Israel’s economy shot up in the final three months of 2016 and looks set to have grown annually by 4 percent, easily outstripping the central bank’s expectations. It came on the back of robust exports, but also increased consumer spending. On an annualized basis, gross domestic product soared 6.2 percent in the fourth quarter, the…
A surge in Palestinian attacks in Israel is raising concerns that the weakening economy could eventually be pushed into recession. There are already signs that some Israelis may be pulling back from spending – one of the pillars of Israeli growth at the moment – and tourism, still reeling from the 2014 Gaza conflict and…
The Israeli economy grew by a surprisingly brisk 5.1% in the second quarter of 2013, in parallel with a steep increase in consumer spending, according to Central Bureau of Statistics figures released on Sunday. The rapid pace of growth in the second quarter, April-June, boosted first-half expansion to 3.4% in annualized terms. That first-half pace…
