Israel's Economy Slows More Than Forecast on Exports, Investment - Bloomberg:
The Israeli economy stumbled more than forecast in the second quarter, hampered by slowing trade, investment and private consumption.
Gross domestic product rose 1% from the previous three months on an annualized basis, after a downwardly revised 4.7% gain in the first quarter, according to an initial estimate from the Central Bureau of Statistics published on Sunday. That was worse than every estimate in a Bloomberg survey of nine economists, whose median was for an advance of 1.5%.
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