With a ceasefire in place, markets will focus on internal politics

ISRAEL - Report 24 May 2021 by Jonathan Katz

Following the cessation of hostilities, the economy is expected to expand rapidly, but internal political uncertainty remains. A closer look at Q121 GDP numbers reveals strong export growth, as well as investments in equipment and private consumption (excluding new vehicles). Recent indicators point to further inflationary pressure in manufacturing prices. Job vacancies continue to spike, suggesting a lack of available labor.

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