JP Morgan sees Israeli economy nosediving in Q4

Published date29 October 2023
"Gauging the impact of the war on Israel's economy remains difficult both due to still very high uncertainty about the scale and duration of the conflict and the lack of high-frequency data at hand," Reuters quotes JP Morgan as saying in a research note released on Friday

JP Morgan now sees GDP growth in Israel of 2.5% for 2023 as a whole, down from 3.2% in its previous forecast. The bank's forecast for 2024 is for...

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