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FinancialNews
17-09-18
Israeli economic growth declines to 1.8 percent in Q2
(MENAFN) Israel registered a decline in its economic growth to hit 1.8 percent during the second quarter of this year, compared to 5.1 percent posted during the first quarter.
Israel's Central Bureau of Statistics also reported the GDP to have recorded a 4.1 percent increase during the first six months of 2018, from the 4.3 percent boost seen last year during the same period.
The overall amount of exports of goods and services also posted a 2 percent drop during the second quarter, with imports of goods and services reporting a mild 1.3 percent raise.
Agricultural exports also saw an annual decline of 12.3 percent, while Israeli exports recorded a 4.8 percent increase during the first half of this year.
MENAFN1709201800450000ID1097442343
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