Inflation risks shift from wages to FX volatility

ISRAEL - Report 06 Mar 2023 by Jonathan Katz

1. Business sentiment and outlook remained positive in February.

2. Wage growth moderated in Q422, and a modest public sector wage agreement reduces the chances of a wage-price spiral.

3. The major risk to inflation remains shekel depreciation, which will be dependent on the judicial measures implemented.

Now read on...

Register to sample a report

Register