Israel's Economy Contracts Sharply in Q1 Amid Regional Conflicts

Israel's gross domestic product contracted by 3.3% in annualised and seasonally adjusted terms during the first quarter, attributed to ongoing conflicts with Iran and Lebanon.

17 May, 11:12 — 17 May, 11:12

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hindustan-timesMostly Factual1h ago

Israel’s economy sees a sharp Q1 decline amid conflicts with Iran, Lebanon

Gross domestic product contracted 3.3% in annualised and seasonally adjusted terms, Israel’s statistics bureau said on Sunday.

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Israel's Economy Contracts Sharply in Q1 Amid Regional Conflicts

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Israel’s economy sees a sharp Q1 decline amid conflicts with Iran, Lebanon

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