Economic Weekly and monthly
In this week's Leumi Economics Weekly:
The Monetary Committee kept the central bank interest rate unchanged at 0.25%; a continued process of rate hikes is expected to be slow.
Following the release of April’s CPI the “inflation environment” moderated slightly, but remains near the lower border of the target range (1%).
A wave of massive car purchases against the backdrop of changes in taxation rules led to rapid economic growth in the first quarter of 2019.
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