Recent indicators point to steady growth and PC demand

ISRAEL - Report 05 Dec 2022 by Jonathan Katz

* Recent economic indicators point to steady growth, including private consumption, as well as hi-tech service exports.

* The BoI revision of the Composite Index of the economy points to “continued growth of the economy”.

* If this trend continues and November’s CPI does not surprise on the downside, we expect a 0.5% rate hike on Jan 2.

* In Q322, the major Israeli sectors (institutions, financials and the business sector) purchased FX from non-residents, who were net sellers.

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.