A weakening shekel increases the likelihood of another rate hike

ISRAEL - Report 11 Sep 2023 by Jonathan Katz

1. The fiscal deficit continues to drift higher on rapid expenditure growth and weak revenues.

2. Business sector sentiment reflects steady growth, with some improvement in the high-tech sector.

3. Recent shekel depreciation will contribute to inflation, increasing the likelihood of another rate hike.

Now read on...

Register to sample a report

Register

Sign-in

Copyright 2024 GlobalSource Partners. All rights reserved. This report is prepared for GlobalSource Partners’ clients and may not be redistributed, reproduced, stored in a retrieval system, retransmitted or disclosed, in whole or in part, or in any form or manner, without the express written consent of GlobalSource Partners. This report is distributed simultaneously to our website and other portals used by GlobalSource Partners. The information herein was obtained from various sources and is believed to be reliable but GlobalSource Partners does not warrant its completeness or accuracy. Neither GlobalSource Partners nor any Country Analyst, officer or employee accepts any liability whatsoever for any direct, indirect or consequential damages or losses rising from any use of this report or its contents.