In this week's Leumi Economic Weekly Report:
- Strong data in November-December led to an increase in incoming tourism for all of 2016 following two years of declines
- The actual government budget deficit in 2016 (2.15% of GDP) was below the planned target level (2.9%); in 2017 the deficit is expected to equal 2.9%
- The gradual moderation in housing demand is continuing, against the backdrop of a substantial reduction in the presence of investors in the housing market
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