Israel Economy Shrinks 3.3 Percent in First Quarter
Israel's economy shrank at an annualised rate of 3.3 percent in the first quarter. Analysts expect a quick recovery as business activity resumed in April.
Xurve View
Xurve View
Israel GDP shrank at a 3.3% annualized rate in the first quarter of 2026 following military conflict with Iran. The contraction beat the 4% decline forecast by economists after strikes involving the United States began in late February. Investors are monitoring a potential recovery as business activity resumes and the shekel hits a 33-year high.
