Thursday, February 17, 2011

Kiss My BDS: Israel's economy grows 7.8 % in the last quarter of 2010

Kiss my BDS.
So hows that boycott coming, btw?

Israel's economy picked up in the last quarter of 2010, chalking up 7.8 percent growth and a higher-than-expected annual growth rate of 4.5 percent, official figures show on Thursday...

Central Bureau of Statistics data show the economy grew by 5.2 percent in the second quarter and 4.4 percent in the third.

Earlier this week, the Bank of Israel (BoI) had predicted fourth-quarter growth of between 4.3 and 4.6 percent.

The annual growth figure far outstrips the 2.8-percent average registered in 2010 by countries of the Organisation for Economic Cooperation and Development, the club of developed nations which Israel joined last year.

Read the full report here

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