Israel economic growth

Despite the rate hikes, Israel's inflation rate stood at 5% in April, near a 14-year high and well above the government's 1%-3% annual target range.

Barkat’s lofty goals may be difficult to achieve in light of the proposed legal reform, which may harm Israel’s reputation among foreign investors.

The Bank of Israel's first task is to maintain price stability in the Israeli economy, using the interest rate tool among other things.

The commercial progress and success of AI has indeed been slower than many expected - but that “delay” can actually work in favor of business.

The shekel has been depreciating over the past week as international stock markets fall and Israeli institutional investors are forced to sell shekels and buy foreign currency.

According to research, over a third of full-time respondents across a variety of industries said they want remote work options from their existing employers.

Tnuva Chairman Haim Gavrieli: Tnuva strives to lead the alternative protein industry in Israel and to continue to expand in the industry on a global scale.

Then increase, the ministry said, came after a decade of declining sales led by the transfer of aspects of the polished diamond trade to India.

The data also showed that online and telephone transactions increased by 16% to NIS380.1 billion.

Dunn and Bradstreet report shows high-tech industry main catalyst for Israeli economic growth.