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Israel’s economy contracts in Q1 as Iran war weighs on output

Israel’s economy contracts in Q1 as Iran war weighs on output

(Reuters): Israel’s economy contracted sharply at an annualized rate of 3.3% in ​the first three months of the year, the ‌Central Bureau of Statistics said Sunday, as the war against Iran weighed on output. The ​decline was not as severe as ​a 4% drop forecast in a ⁠Reuters poll of economists, but it demonstrated a [...]

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