Israel: BoI ups GDP growth projection to 7.0% this year, trims it to 5.5% in 2022
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Israel: BoI ups GDP growth projection to 7.0% this year, trims it to 5.5% in 2022

Inflation forecast is increased too but trend remains similar to the previous forecast

Research department sees policy rate at 0.10-0.25% one year from now and governor says this is reasonable

Uncertainties regarding pandemic developments are major risks to forecast

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Date of creation: 08/10/2021
Date of publication: 08/10/2021