Israel's Economy Surges After Conflict

Israels economy surged in Q3, growing by 12.4% year-over-year, defying expectations amidst a conflict with Iran. This growth was driven by increased investment, exports, and consumer spending. However, growth forecasts for 2025 were revised downward due to the economic impact of the Gaza conflict and reserve soldier call-ups. Despite initial signs of slowing private consumption, consumer confidence has risen, and Israeli markets have reacted positively to reduced security threats and potential geopolitical developments.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.