The Israeli economy grew an annual rate of 3.2 percent in the second quarter, defying predictions of a slowdown, according to a preliminary report released Thursday by the Central Bureau of Statistics.
This was aided by annualized increases of 10.3% in the value of exports, 5.4% in private consumption expenditure, and 1.8% in public consumptions expenditure, in addition to a 1.1% decrease in fixed asset investments.
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console.log("catid body is "+catID);if(catID==120){document.getElementsByClassName("divConnatix")[0].style.display ="none";var script = document.createElement('script'); script.src = 'https://player.anyclip.com/anyclip-widget/lre-widget/prod/v1/src/lre.js'; script.setAttribute('pubname','jpostcom'); script.setAttribute('widgetname','0011r00001lcD1i_12258'); document.getElementsByClassName('divAnyClip')[0].appendChild(script);}else if(catID!=69 && catID!=2){ document.getElementsByClassName("divConnatix")[0].style.display ="none"; var script = document.createElement('script'); script.src = 'https://static.vidazoo.com/basev/vwpt.js'; script.setAttribute('data-widget-id','60fd6becf6393400049e6535'); document.getElementsByClassName('divVidazoo')[0].appendChild(script); }Gross domestic product increased at an annual rate of 2.8% in the first quarter of 2012 and 3.1% in the final quarter of 2011.
