Israel’s Q2 growth again revised upwards – The Israeli economy grew at 4.2% in the second quarter and 3.2% in the first half of 2016, the Central Bureau of Statistics reports. | Globes

The Central Bureau of Statistics today published its second revision for the second quarter and first half of 2016, as part of its figures for the national accounts. The first half growth estimate was upwardly revised from 3% to 3.2%, on an annualized basis. The second quarter growth rate was also upwardly revised from 4% to 4.2% on an annualized basis, with quarterly private consumption jumping 10%, public consumption up 8.6%, and exports of goods and services, excluding startups and diamonds, booming ahead by 13.7%.