Israel’s economy surges 3.8% in Q3 ’24
Israel's economy grew at an annualised 3.8 per cent in the third quarter of 2024, exceeding the 2.9 per cent…
Israel’s budget deficit records NIS11.2b in Oct
Israel's budget deficit reached NIS 11.2 billion in October 2024, bringing the year-to-date (YTD) cumulative…
Bank of Israel signals unlikely rate cuts
Bank of Israel officials have indicated that a rate reduction for the remainder of 2024 is unlikely. They warned…
Israel’s inflation slightly falls to 3.5% in Sept
Israel's annual inflation rate dipped to 3.5 per cent in September, compared to a 10-month high of 3.6 per cent in…
Israel’s GDP below estimates in Q2 ’24
Israel's economy reached an annualised 0.3 per cent in the second quarter (Q2) of 2024, slower than previously…
Israel’s budget deficit hit approx. $2.34b in Sept
Israel's Finance Ministry reported a significant budget deficit of 8.8 billion shekels (approximately $2.34…
BoI cuts Israel’s GDP growth forecast to 0.5% in 2024
The Bank of Israel (BOI) has revised its economic forecasts downward, citing increased geopolitical uncertainty and…
Bank of Israel holds rates steady as inflationary pressures mount
Bank of Israel’s monetary committee decided on Wednesday to keep the interest rate unchanged at 4.5 per cent.
Moody’s downgrades Israel’s ratings to Baa1, maintains negative outlook
Moody's Ratings has downgraded Israel's long-term local and foreign-currency issuer ratings to Baa1 from A2,…
Israel’s budget deficit reaches NIS 12.1b in August
Israel recorded a budget deficit of NIS 12.1 billion for August 2024, while the year-to-date (YTD) deficit for…
