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Εstimates and prospects for the Israeli economy

Εstimates and prospects for the Israeli economy

Extracts from the Monthly Information bulletin of the Commercial Department of the Greek Embassy in Israel 31-1-2020

According to the recent report of the Central Bank of Israel issued at the beginning of January, the GDP is expected to rise by 2.9% during 2020, a little less than expected, and by 3.2% in 2021.

Inflation is expected to reach the 1% in 2020 while in 2021 is expected to rise by 1.4% while the President of the Central Bank of Israel announced that according to the macroeconomic data the basic interest will remain in the level of 2020 i.e. 0.25% 

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