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CBS forecasts: Israel’s economy to grow 4% in 2010

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Tuesday, October 26th, 2010

As reported in Port2Port:

This new estimate was based on seven to nine months of accumulated data. Exports are now forecast to grow 9.1%, compared with an earlier estimate of 13.1%

The Central Bureau of Statistics (CBS) said last week that due to expectations of a smaller rise in exports, Israel’s economy is forecast to grow 4% in 2010, slightly below a previous estimate of 4.1%.

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