JERUSALEM, Sept 16 (Reuters) - Israel's economy is expected to grow by 0.1 percent in 2009, the Central Bureau of Statistics said on Wednesday.
The bureau said its estimate is based on data from the first six to eight months of the year.
The economy grew by 4 percent in 2008 but contracted an annualised 3.2 percent in the first quarter before growing an annualised 1 percent in the second quater of 2009.
The Bank of Israel earlier in September raised its forecast for Israeli economic growth to zero for all of 2009 from a previous prediction of a 1.5 percent contraction.
(Reporting by Steven Scheer) Keywords: ISRAEL ECONOMY/ (steven.scheer@thomsonreuters.com; +972 2 632 2210; Reuters Messaging: steven.scheer.reuters.com@reuters.net) COPYRIGHT Copyright Thomson Reuters 2009. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.
The bureau said its estimate is based on data from the first six to eight months of the year.
The economy grew by 4 percent in 2008 but contracted an annualised 3.2 percent in the first quarter before growing an annualised 1 percent in the second quater of 2009.
The Bank of Israel earlier in September raised its forecast for Israeli economic growth to zero for all of 2009 from a previous prediction of a 1.5 percent contraction.
(Reporting by Steven Scheer) Keywords: ISRAEL ECONOMY/ (steven.scheer@thomsonreuters.com; +972 2 632 2210; Reuters Messaging: steven.scheer.reuters.com@reuters.net) COPYRIGHT Copyright Thomson Reuters 2009. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.
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