Much uncertainty concerning the stability of the next government

ISRAEL - Report 16 Sep 2019 by Jonathan Katz

Inflation in August reached 0.2% m/m and 0.6% y/y, similar to expectation, while core inflation reached 0.9% y/y. Rapid improvement in the CA surplus in Q2 2019 and robust FDI are shekel supportive. We still do not envision further accommodative monetary policy in Israel, with growth steady and the labor market tight. In politics, Israel goes to the polls on Tuesday, and much uncertainty exists regarding the stability of the next government.

Now read on...

Register to sample a report

Register