Central Bureau Of Statistics News
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Israel’s economy expanded an annualized 2.8 percent in the first quarter, with growth in exports and private consumption partly offset by declining investment.
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Israel’s inflation rate dropped to a six-year low in April, adding to the economic evidence that spurred policy makers to cut borrowing costs yesterday.
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Indonesia’s economy grew at the slowest pace in more than two years last quarter as slower exports and government spending countered gains in consumption and investment.
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Israeli Prime Minister Benjamin Netanyahu arrives in China today to tighten economic ties and urge China’s new leaders to clamp down harder on Iran and its ally Syria, amid reports of Israeli airstrikes there.
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Alon Blue Square Israel Ltd., the supermarket retailer that led gains among Israeli U.S.-traded stocks in April, is rallying on prospects higher food prices will stoke revenue growth.
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Tata Industries Ltd. signed an agreement with Tel Aviv University to invest $5 million in a fund as the Mumbai-based company’s new chairman seeks to boost investment in innovation and technology.
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Israeli inflation remained below the mid-point of the central bank’s target range for a sixth month in March as growth moderates and global inflationary pressures remain subdued.
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Israeli consumer-price linked bonds due 2018 fell, lifting the yield up the most in more than a month, after inflation declined as economic growth moderated.
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Israeli stocks in New York fell the most since February, led by MagicJack VocalTec Ltd. and Caesarstone Sdot Yam Ltd., as slowing growth in China curbed the outlook for exports and technology spending.
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Israeli inflation remained below the mid-point of the central bank’s target range for a fifth month in February as domestic demand remained weak.
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