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Country Insights
Main questions about the Emergency PEC and other weekly topics
In the Senate, the highlight is the vote on the Emergency PEC. In the House, we expect the permanent committees to be installed. Regarding the economy, we highlight the release ...
February data point to future challenges
Even as some branches of industrial and service activity continued to pare their losses from the lows of 2020 and the trend remains toward a reopening of activity, GDP contracte...
Growth 2020: A Pyrrhic Victory of sorts
The Turkish economy grew by a somewhat lower than expected 5.9%, y/y, and 1.7%, q/q, in the final quarter of 2020. For the year as a whole, GDP hence grew by 1.8% in 2020, makin...
Hi-tech services continue to support growth
* Hi-tech service exports expanded rapidly in Q420, supporting shekel appreciation. * Rapid growth of employment in the hi-tech sector (high income) is expected to support ...