Israel’s Composite State of the Economy Index for July 2013 increased by 0.2%, and was significantly impacted by the start of natural gas production. Previously published figures for March, April, May and June were also revised upwards following the recent release of Q2 data. Q2 GDP rose 5.1% – far above expectations.
http://www.boi.org.il/en/NewsAndPublications/PressReleases/Pages/19-08-2013-Assets.aspx
http://www.globes.co.il/serveen/globes/docview.asp?did=1000873034&fid=1725
Natural gas powers economic growth
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