{
  "title": "Israel: 2017 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Israel",
  "publication": "IMF Staff Country Reports, March 28, 2017",
  "sourceUrl": "https://www.imf.org/en/publications/cr/issues/2017/03/28/israel-2017-article-iv-consultation-press-release-staff-report-and-statement-by-the-44769",
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  "summary": "This 2017 Article IV Consultation highlights the sound economic growth enjoyed by Israel, estimated at 4 percent in 2016 and supported by strong domestic demand and an export rebound. Unemployment declined to 4.4 percent in the fourth quarter of 2016, and wage increases have picked up.",
  "publishDate": "2017-03-28",
  "series": "IMF Staff Country Reports",
  "sections": [
    {
      "heading": "Key findings on recent performance",
      "content": "- Real GDP growth estimated at 4 percent in 2016, supported by strong domestic demand and an export rebound.\n- Unemployment declined to 4.4 percent in the fourth quarter of 2016.\n- Wage increases have picked up.\n- Inflation remained below the 1–3 percent target range of the Bank of Israel, reflecting external factors and government measures to reduce the cost of living."
    },
    {
      "heading": "Near-term outlook and projections",
      "content": "- Growth is expected to settle at about 3 percent.\n- Inflation is likely to rise gradually, although with significant uncertainty around the timing of such a rise."
    },
    {
      "heading": "Themes and policy-relevant issues highlighted",
      "content": "- Banking\n- Housing\n- Housing prices\n- Inflation\n- Labor markets\n\n---\n\n Content in this bundle\n\n- Country Report\n  - Country Report (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - Country Report (PDF){rel=\"external\" type=\"application/pdf\"}\n\n---\n\nSource: https://www.imf.org/en/publications/cr/issues/2017/03/28/israel-2017-article-iv-consultation-press-release-staff-report-and-statement-by-the-44769"
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    "Published: March 28, 2017",
    "Series: IMF Staff Country Reports",
    "Real GDP growth estimated at 4 percent in 2016, supported by strong domestic demand and an export rebound.",
    "Unemployment declined to 4.4 percent in the fourth quarter of 2016.",
    "Wage increases have picked up.",
    "Inflation remained below the 1–3 percent target range of the Bank of Israel, reflecting external factors and government measures to reduce the cost of living.",
    "Growth is expected to settle at about 3 percent.",
    "Inflation is likely to rise gradually, although with significant uncertainty around the timing of such a rise.",
    "Banking",
    "Housing",
    "Housing prices",
    "Inflation",
    "Labor markets",
    "**Country Report**"
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