Transcription of ISRAEL* - OECD.org
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ISRAEL* - OECD.org
3. DEVELOPMENTS IN INDIVIDUAL OECD AND SELECTED NON-MEMBER ECONOMIESOECD ECONOMIC OUTLOOK, VOLUME 2018 ISSUE1 PRELIMINARY VERSION OECD 2018169 ISRAEL* Growth is projected to strengthen to over 3 per cent in 2018 and 2019. Supportfrom fiscal easing, very low interest rates and a stronger external environment will boostdemand and employment. In a tight labour market, rising wage pressures are projectedto lead to a steady increase in monetary authorities must stand ready to gradually raise interest rates onceinflation is sustainably back in the 1-3% targeted range.
3. DEVELOPMENTS IN INDIVIDUAL OECD AND SELECTED NON-MEMBER ECONOMIES 170 OECD ECONOMIC OUTLOOK,VOLUME 2018 ISSUE1–PRELIMINARY VERSION © OECD 2018 due to reductions in public-sector tariffs and various measures stimulating import
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