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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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