Economic growth will be only 0.6% in 2001 against 6% in 2000, says state statistician
Central Bureau of Statistics predicts 8.6% unemployment this year, down from 8.8% in 2000
Central Bureau of Statistics predicts 8.6% unemployment this year, down from 8.8% in 2000
Israel's Central Bureau of Statistics predicted today that economic growth for 2001 will be 0.6%, compared with 6% last year.
The forecast is far below the Finance Ministry's 1% estimate for economic growth this year.
The economy has suffered from the Palestinian uprising that resumed in September 2000, and the global economic slowdown, particularly in the United States.
The bureau also predicts that unemployment will reach 8.6% this year, down from 8.8% last year.
