Rate hike likely at the end of May

ISRAEL - Report 01 Apr 2019 by Jonathan Katz

Most economic indicators point to some acceleration of growth in Q1 2019, to 3.5%-4% saar. This is above Israel's growth potential, estimated at 2.7% by the Bank of Israel. Inflation is expected to accelerate to 1.6% y/y in April (from the current 1.2%), making a rate hike on May 28 increasingly likely. Politics: Eight days before elections, it appears that Netanyahu will be able to form a narrow right wing/religious coalition, but fiscal consolidation may be problematic.

Now read on...

Register to sample a report

Register
Sign-in
Forgot your password?
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.