JERUSALEM, Nov 16 (Reuters) – Israel’s economy grew an annualised 12.4% in the third quarter, the Central Bureau of Statistics said on Sunday, in data that showed a bounceback from a weak second quarter that was hit more by the Gaza war.
The gain in gross domestic product in the July-September period topped a Reuters consensus of an 8% expansion and was led by broad-based gains led by consumer spending, exports and investment.
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GDP in the second quarter was revised to a 4.3% contraction from a prior 3.9%.
Reporting by Steven Scheer; Editing by Andrew Heavens
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