Israel’s Economic Growth Exceeds Expectations in Second Quarter of 2016 | Algemeiner.com
JNS.org — Israel’s economic growth in the second quarter of 2016 exceeded expectations, with private consumption serving as the primary cause for this development, the Central Bureau of Statistics (CBS) said Sunday. Original projections released by the CBS in August placed second-quarter growth at 3.7 percent, but private consumption was up 10 percent in the second quarter, growing by an annualized 5.1% during the first six months of 2016. The data also showed that private-sector product…
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