Israel's Economy Rebounded Strongly Ahead of Gaza Ceasefire [Yahoo! Finance]
BANK HAPOALIM B.M. S/ADR (BKHYY)
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Source: Yahoo! Finance
from a plunge triggered by the 12-day war with Iran in June and ahead of the ceasefire in Gaza reached in mid-October. Most Read from Bloomberg What It Takes to Defeat the Leaf Blowers Bots, Billionaires Behind Gen Z March in Mexico, Sheinbaum Says Senator Calls for Evacuation of ICE Site After Contract Lapse Will the YIMBY ‘Holy Grail' Deliver an LA Building Boom? Brussels' Pedestrian Zone Is So Crowded It's Restricting Bikes Gross domestic product rose 12.4% in annualized, seasonally adjusted terms, Israel's Central Bureau for Statistics reported on Sunday, well above the median estimate of 7.3% in a Bloomberg survey of eight economists. Leading the rebound was gross fixed capital formation, which rose 36.9%. Exports grew by 23.3% and private consumption accelerated by 23%. Government consumption expanded by 4.4% — the most since the beginning of the year. Israel's central bank and finance ministry recently lowered their annual growth projections for 2025 to 2.5% a
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