Private consumption rebounds in early 2022
ISRAEL
- Report
04 Apr 2022
by Jonathan Katz
1. Israeli institutions and the BoI were the dominant players in the FX market in Q421.
2. Private consumption rebounded in January-February as Omicron restrictions were lifted.
3. We expect a sharp increase in the “travel abroad” CPI item in March-April, contributing to higher inflation.
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