Fast Market Research

Israel Business Forecast Report Q2 2013 - New Market Research Report

Fast Market Research recommends "Israel Business Forecast Report Q2 2013" from Business Monitor International, now available


Boston, MA -- (SBWIRE) -- 07/09/2013 -- Core Views

Political risks remain elevated, with potential for an Israeli military attack on Iran on the rise in 2013. Investors' appetite for risk may be tempered by the possibility of a surge of instability in the country.

We see the current account coming in at a deficit of 0.8% and 0.3% of GDP in 2012 and 2013 respectively; in negative territory for the first time since 2002. The current account's deterioration mainly results from declining export growth.

Major Forecast Changes

We project real GDP growth in Israel to come in at 3.5% in 2013, up from our previous forecasts of 3.1%. Much of this will result from growth in fixed investment as well as declining imports, while private consumption growth will prove slow.

Key Risks To Outlook

House prices in Israel have risen rapidly in recent years, raising concerns that a bubble has formed in the property market. However, an increase in supply, coupled with macroprudential measures on the government's part designed to bring down prices, have seen the market cooling in the past few months. As a result, a sharp drop in prices is unlikely at this stage.

View Full Report Details and Table of Contents

About Fast Market Research
Fast Market Research is an online aggregator and distributor of market research and business information. Representing the world's top research publishers and analysts, we provide quick and easy access to the best competitive intelligence available. Our unbiased, expert staff will help you find the right research to fit your requirements and your budget. For more information about these or related research reports, please visit our website at or call us at 1.800.844.8156.

Browse all Country Reports research reports at Fast Market Research

You may also be interested in these related reports:

- Brazil Business Forecast Report Q3 2013
- Germany Business Forecast Report Q3 2013
- Hungary Business Forecast Report Q3 2013
- Philippines Business Forecast Report Q3 2013
- Russia Business Forecast Report Q3 2013
- Cote d'Ivoire Business Forecast Report Q3 2013
- Trinidad & Tobago Business Forecast Report Q3 2013
- Singapore Business Forecast Report Q3 2013
- Bulgaria Business Forecast Report Q3 2013
- Chile Business Forecast Report Q3 2013