Israel GDP Grows 4.5% in Quarter as Exports Surge
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Israel’s economy expanded an annualized 4.5 percent in the second quarter, little changed from the government’s previous estimate, as exports and home construction surged.
Growth accelerated from a revised 3.7 percent in the first quarter, the Jerusalem-based Central Bureau of Statistics said today on its website. The statistics bureau reported on Sept. 16 that the economy grew a preliminary 4.6 percent in the three months through June and 3.8 percent in the first quarter.