Economic Weekly

In this week's Leumi Economic Weekly Report:

• • The rate of increase in private consumption indicators continued to moderate also in October.

• • It appears private consumption is growing at a more moderate rate in light of the decline in the strength of support of the local macro-economic environment.

• • Israel’s employment data are notably positive in quantitative terms, yet the quality and strength of the local labor market are low compared to the OECD country average.

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