A tax revenue windfall from a near-doubling of car imports boosted Israel 's gross domestic product by 4.2% during annual , compared to the 4% predicted by analysts, according to the Central Bureau of Statistics ( the Central Bureau of Statistics ). The figures marked Q1 2018 of growth above 4% . The CBS report also noted a 10% the quarter increase in consumer spending for the quarter , prompting warnings that Israel 's growth had reached its peak.
A tax revenue windfall from a near-doubling of car imports boosted Israel's gross domestic product by 4.2% during Q1 2018, compared to the 3.9% predicted by analysts, according to the Central Bureau of Statistics (CBS). The figures marked the third consecutive quarter of growth above 4%. The CBS report also noted a 10% annual increase in consumer spending for the quarter, prompting warnings that Israel's growth had reached its peak.