West Bank weakness drives economic slowdown in Palestine
Palestine Monetary Authority notes “significant drop” in West Bank conditions index
A sharp slowdown in the economy of the West Bank has served to push Palestine’s business cycle deeper into negative territory, according to indicators published by the Palestine Monetary Authority.
The PMA’s business cycle index aims to capture economic conditions in the West Bank and Gaza Strip. After a torrid 2017, Palestine as a whole enjoyed a brief spell with the index in positive territory this year, before the indicator slipped back into negative territory in June.
The figures for July
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