According to data from the Central Bureau of Statistics, economic growth rate of 5.8% was recorded in Israel during the last quarter, and 6.5% growth throughout all of 2022.
This exceeded the expectations of the Finance Ministry and of the Bank of Israel.
However, the current concern is of a slowdown in 2023 due to the global economic crisis and the inflation, which according to predictions will lead to a growth rate of only about 3%.