Bank of Israel - Annual Report 2005

According to the Bank of Israel's Annual Report 2005, growth in GDP was 5.2 percent this year and was led by the business sector which grew by 6.6 percent.

The underlying economic conditions this year were favorable: continued growth worldwide, particularly in the high-tech industries, and the improved security situation.

Economic policy provided support for sustainable growth and met its three targets: the rate of inflation was within the price stability target range and the deficit and growth

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