Initial signs of (modest) slowing demand
ISRAEL
- Report
28 Jun 2021
by Jonathan Katz
We estimate that private consumption demand declined modestly in June, following strong growth YTD. Shekel appreciation has erased the increase in import prices in shekel terms. The PMI is reflecting rapid growth in both export and domestic orders; raw materials prices have also increased. The new Minister of Finance is in favor of a declining debt/GDP ratio in the coming years.
Now read on...
Register to sample a report