The economy here is apparently doing well. At least so says Israel's Central Bureau of Statistics. Here's a snippet from Globes:
Also for those who are interested, I found these statistics on the IMF home page (don't bother asking what the hell I was doing there). This chart shows Israel's GDP per capita in U.S. dollars — based on Purchasing Power Parity and the actual exchange rate — compared to that of the other advanced world economies. It's really very enlightening.
Israel’s GDP rose by an annualized 6.6% in the first half of the year, after rising by 3.4% in the second half of 2006 and 6% in the first half, the Central Bureau of Statistics reports. The growth is above the 5% predictions of both the Ministry of Finance and the Bank of Israel.
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