Israeli economy grew at just 1% in Q2 2019


According to the first estimate by Israel’s Central Bureau of Statistics, the economy grew by just 1% on an annualized basis in the first quarter of 2019. This reflects a sharp slowdown from 4.7% in the first quarter of 2019 and 4.2% in the fourth quarter of 2018. The sluggish growth in the second quarter of 2019 results from a steep fall in public consumption and investment in fixed assets, which were impacted by a major drop in vehicle imports.

Israel’s economy grew by 3.6% in the first half of 2019 on an annualized basis, compared with 3.5% in the first half of 2018.









Published by Globes, Israel business news – en.globes.co.il – on August 18, 2019

© Copyright of Globes Publisher Itonut (1983) Ltd. 2019


Source Article from https://en.globes.co.il/en/article-israeli-economy-grew-at-just-1-in-q2-2019-1001297561

Related Posts
Reposted from Addameer Prisoners Support and Human Rights Association Israeli occupation forces raided today, Thursday,
I must admit I never had as much fun watching Israeli politics as I did
Many years ago I knew a self-deluded entrepreneur who claimed to have invented a compression
The United States is discussing with Saudi Arabia and its Gulf allies about possible responses
Israel’s embassy in Belgium on Tuesday condemned a hook-nosed gesture in a Belgian university’s sign-language

Hits: 16

You can leave a response, or trackback from your own site.

Leave a Reply

*

Powered by WordPress | Designed by: Premium WordPress Themes | Thanks to Themes Gallery, Bromoney and Wordpress Themes