Israel’s GDP Growth Annualized for the third estimate showed a significant decline, coming in at -3.9% compared to the previous 3.3%. This represents a sharp decrease of 7.2 percentage points, indicating a substantial contraction in economic activity.
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The actual GDP figure was slightly better than the analyst estimate of -4.0%, which may provide a minor relief to investors. However, the overall negative growth is likely to weigh on market sentiment, particularly affecting sectors sensitive to economic cycles such as manufacturing and consumer goods. The impact may be more pronounced in the short term as investors adjust their expectations for economic recovery and policy responses.