A general economic slowdown in Israel continued during the third quarter of the year, the Bank of Israel, the country’s central bank, announced Monday.
Although employment rose, industrial output was down, there were fewer sales to the local market and a steady rise in exports ended. The construction and hotel industries also reported a drop in activity.
Last week, economists expressed concern about a rise in the cost-of-living index.
The Archive of the Jewish Telegraphic Agency includes articles published from 1923 to 2008. Archive stories reflect the journalistic standards and practices of the time they were published.
