Israeli Q4 GDP grows 3.6 pct annualised, up 3.3 pct in 2017

By Kitco News / February 18, 2018 / www.kitco.com / Article Link

JERUSALEM, Feb 18 (Reuters) - Israel's economy grew at an annualised 3.6 percent in the fourth quarter, a bit more moderate than the prior three months, the Central Bureau of Statistics said on Sunday, citing slower gains in exports and consumer spending.

A Reuters poll of economists had forecast 3.4 percent growth for the October-December quarter.

The bureau revised up its third-quarter gross domestic product growth estimate to an annualised 3.9 percent from 3.5 percent.

Israel's economy grew 3.3 percent in 2017, up from a prior estimate of 3 percent, and is forecast to grow about 3.4 percent this year.


(Reporting by Steven Scheer; Editing by Tova Cohen)

Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.

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