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Israel’s Economy May Expand by 3.4% in 2013, Bureau Says

Israel’s economy will probably expand 3.4 percent this year, less than the central bank forecast, the official statistics office said in its first estimate of 2013 growth.

Growth would be the same as last year, the Jerusalem-based Central Bureau of Statistics said at a press conference today. The Bank of Israel in June forecast 3.8 percent growth.