Israel’s Economy Roaring No More Even as It Accelerates: Chart

It could be better, but it could also be a lot worst for Israel’s economy, which will probably grow 2.1 percent in the second quarter after a 1.7 percent expansion in the previous three months, according to a Bloomberg survey. While gross domestic product is no longer roaring ahead as it did when healthy global trade boosted appetite for exports, rising consumption and record low unemployment are making up for weaker sales abroad. The Central Bureau of Statistics will release the figure Tuesday at 1 p.m. in Jerusalem.

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