Israel's economy grew by 3.4% year-on-year, accelerating
Recently, the Central Bureau of Statistics of Israel released preliminary GDP data for the first quarter, showing that the Israeli economy grew by 3.4% year-on-year in the first quarter, with the business sector GDP growing by 4.4% and fixed investment surging by 8.7%. The construction industry has experienced a moderate recovery, driving economic growth with a 44.8% expansion in output value, although it has not completely escaped the impact of the war.
