ISRAEL’S ECONOMY POSTS STRONGEST QUARTER SINCE 2013:

Posted on Feb 20, 2017

 Israel’s economy had its strongest quarterly performance since 2013, the country’s Central Bureau of Statistics said on 16 Feb. 2017. The economy grew by an annualized 6.2 percent in the last quarter of 2016, 4.2% in the third quarter, and 5.3% in the second quarter. The increase in gross domestic product in the second half of 2016 reflected a 3.5-% increase in public consumption, and 2.9% growth in private consumption per capita. Israel’s exports of goods and services, excluding diamonds and start-ups, were up 4.5% in 2016, and investments in fixed assets climbed 10.2%. Imports of goods and services went up 10.6% in the second half of 2016, the report said. (Algemeiner) "Let the Lord be magnified, who has pleasure in the prosperity of His servant.” Ps. 35:27