Israel's GDP rose at an annualized rate of 3.6% in the first quarter of 2010, compared with the fourth quarter of 2009.
The figures are based on a second estimate of GDP. In the initial calculation, GDP was reported to rise only 3.3%.
In any case, the rise in GDP is still slower than the pace in the fourth quarter of last year, when it rose 4.5%.
Published by Globes [online], Israel business news - www.globes-online.com - on June 16, 2010
© Copyright of Globes Publisher Itonut (1983) Ltd. 2010