finsmart-news_admin
4
Israel: Economic activity accelerates in September
Latest reading: The monthly index of economic activity was up 1.8% in September. This reflected the average monthly growth rate for the July–September period, and was thus boosted by the bounce-back in activity in July following June’s Iran-Israel conflict.
When accounting for June too, average growth was just 0.2% per month, below the long-term trend—thus showing how war against Hamas is dragging on the economy’s productive potential.
