Israel Economy Outlook Cut Through 2016 in Bloomberg Survey
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Israel’s economy will expand less than previously estimated over the next two years, according to economists in a Bloomberg News survey.
Gross domestic product will rise 2.3 percent this year, 3 percent next year and 3.3 percent in 2016, reflecting downward revisions across all annual periods, according to a Nov. 21-26 survey of 18 economists. In August, economists had predicted growth of 2.9 percent this year, 3.3 percent next year and 3.8 percent in 2016. The median forecasts for 2014 and 2015 match the Bank of Israel’s September forecast.