Macro - Country Economic Forecasts - Israel

Macro - Country Economic Forecasts - Israel

We left our GDP growth forecasts for Israel unchanged at 1.8% for 2024 and 3.5% for 2025. This reflects our view that as long as the war continues, economic growth with be moderate before a faster recovery occurs. Growth, particularly in fixed capital formation, will be tempered by tighter monetary policy which is likely to continue due to shekel weakness.

Israel: BOI to hold rates as inflation was lower than expected
Forecast overview
Recent developments
Short-term outlook
Key drivers of our Short-term Forecast
Economic risk
Economic risk evaluation
Economic development
Structure of the economy
Balance of payments and Structure of trade

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