The inflationary environment remains subdued

ISRAEL - Report 16 Nov 2020 by Jonathan Katz

Inflation remains fairly subdued, with core inflation down 0.4% Y/Y in October. We expect a modest acceleration in inflation going forward, as domestic demand recovers and commodity prices move higher. S&P reaffirmed Israel’s rating on strong fundamentals; we think the 2021 budget approval will be necessary to avoid a negative outlook. Economic indicators point to a gradual expansion of activity as the economy re-opens from the recent closure.

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.