Israel Consumer & Retail Q4 2018
We continue to hold a positive outlook for the Israeli consumer over the rest of 2018 and 2019. Wages have beenconsistently growing at rates above inflation. Consumer spending has been growing at rates faster than real GDP and consumerconfidence continues to climb. However, as the economy reaches full employment, it must be noted that inflation has beenreturning and it will affect spending over the medium term.
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