Israeli Economy Shrinks 3.5% in Q2 Amid Confl…


‘,
buttonPrevHTML: ”,
};

function adaptBreadcrumbs() {
let breadcrumbs = document.querySelectorAll(‘#header-breadcrumbs’);

for(i = 0; i < breadcrumbs.length; i++) {
let title = breadcrumbs[i].querySelector(‘.breadcrumbs-title’);
let btns = breadcrumbs[i].querySelector(‘.btn-container:last-child’);

if(btns && btns.children && btns.children.length) {
if(parseInt(title.getBoundingClientRect().top + title.getBoundingClientRect().height / 2) == parseInt(btns.getBoundingClientRect().top + btns.getBoundingClientRect().height / 2)) {
title.style=”flex-grow:1;”;
} else {
title.style=”flex-grow:0;”;
}
} else {
title.style=”flex-grow:1;”;
}

}
}

window.addEventListener(‘resize’, adaptBreadcrumbs);
document.addEventListener(‘DOMContentLoaded’, adaptBreadcrumbs);

Israel’s economy experienced a contraction of 3.5% on an annualized basis in Q2 of 2025, marking a shift from the revised 3.4% growth observed in the previous quarter, according to preliminary estimates. This downturn was primarily attributed to a 12-day conflict between Israel and Iran in mid-June, which significantly disrupted economic activities. Key GDP components exhibited declines: private consumption dropped by 4.1%, government expenditures decreased by 1%, and fixed capital formation fell by 12.3%. In terms of trade, both exports and imports reduced by 12% and 3.5%, respectively.




Source link

Scroll to Top