The Composite State of the Economy Index rose by 0.2% in June 2011, and by 2.7% in the first half of the year, the Bank of Israel reported today. Although the index figure reflects continued economic expansion, the growth slowed in the second quarter compared with preceding quarters.
Gains in the industrial manufacturing and the trade and services proceeds indices drove the growth, but were partly offset by drops in the imports of goods and the exports of goods indices.
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