Emerging Europe Data Response Israel GDP (Q1 2021) The surprise 6.5% annualised contraction in Israeli GDP in Q1 largely reflected the impact of a vehicle tax hike on consumption and a sharp fall in government consumption. We expect GDP to rebound... 18th May 2021 · 3 mins read
Emerging Europe Data Response Israel Consumer Prices (Apr.) The latest inflation figures for Israel provided few signs that the reopening of the economy resulted in a pick-up in price pressures in April. This supports our view that inflation will remain in... 14th May 2021 · 2 mins read
Emerging Europe Economics Update Israel’s recovery showing early signs of labour shortages The re-opening of Israel’s economy since March has driven a sharp tightening of labour market conditions and a growing share of firms are reporting labour shortages. This appears to be concentrated in... 6th May 2021 · 4 mins read
Emerging Europe Economics Focus Israel’s vaccine success to drive strong recovery Israel has been the world leader in the vaccination race and the early evidence is that the rapid re-opening of the economy has driven a strong rebound in activity, particularly in services sectors... 22nd April 2021 · 20 mins read
Emerging Markets Economics Update Israel’s re-opening: the impact so far The rapid re-opening of Israel’s economy since February has triggered a rebound in activity that looks stronger than had been widely anticipated. In particular, the recovery in hospitality and leisure... 31st March 2021 · 5 mins read