GDP growth expected to reach nearly 3% in Q319

ISRAEL - Report 04 Nov 2019 by Jonathan Katz

Recent economic indicators suggest that GDP growth remained fairly strong in Q319; we estimate close to 3% saar. GDP growth is being fueled by steady PC demand and positive net exports. Capital flows continue to support a strong shekel, with robust FDI and fairly neutral financial flows. In politics, no progress has been made in forming a coalition. Much will depend on whether Netanyahu is indicted.

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