CBS says Israeli economy's growth rate fell to 3.3% in 2012
The Central Bureau of Statistics issued a first assessment of the growth rate in Israel in 2012. According to updated figures for January through November, the Israeli economy grew 3.3% in 2012 after growing 4.6% in 2011 and 5% in 2010.


Despite the decline, the Israeli economy's condition in 2012 was not as bad as the condition of Western economies, as the OECD member states' average growth rate stood at 1.4%. (Avital Lahav)