Israeli economy grows 4.7 pct in Q1

Source: Xinhua| 2018-07-16 22:48:28|Editor: yan
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JERUSALEM, July 16 (Xinhua) -- Israel's economy grew by 4.7 percent in the first quarter of 2018, up from 4.6 percent in the last quarter of 2017, the Central Bureau of Statistics said Monday.

The economic growth was 4.3 percent in the third quarter of 2017, it added.

Meanwhile, the private consumption expenditure increased 10 percent in the first quarter, while exports of goods and services rose 6.1 percent, according to a report released by the bureau.

In addition, imports of goods and services surged 20.7 percent in the first three months, compared to the 5.5-percent rise in the previous quarter.

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