Bank of Israel: vaccination fuelling rapid recovery
Inflation expectations are increasing, but headline figure still well below target
The Bank of Israel says the advanced Covid-19 vaccination campaign in the country is fuelling a fast economic recovery.
“The Israeli economy is recovering at a rapid pace, following the exit from the third lockdown,” said the central bank in its policy statement today (April 19). “The effectiveness of the vaccination programme has led to a sharp decline in morbidity rates and has allowed a broad relaxation of the limitations on activity.”
According to Our world in data, almost 62% of the
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