Israeli economy grinds to halt with 0.1% Q2 growth

Israel’s economy has ground to a standstill, according to the latest figures from the Central Bureau of Statistics.

The bureau revises the annual GDP growth measure in the second quarter 2015 to just 0.1%, the Globes business journal reports.

In August, the CBS estimate for Q2 was a higher 0.3%. It stood at 1.8% in the year’s first quarter and a robust 6.1% in the last quarter of 2014.

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