Israeli Economy Sees Slower Revenue Growth in MayJuly Period
Israel's economic revenue grew 3.4% from May to July 2026, a slowdown from previous quarters, according to the Central Bureau of Statistics.
Jerusalem, 29 September, 2026 (TPS-IL) — JERUSALEM — Total economic revenue across all business sectors in Israel grew by 3.4% on an annual basis between May and July 2026, according to Value Added Tax (VAT) data released by Israel’s Central Bureau of Statistics.
The figure reflects a moderation from the previous 7.9% annual surge recorded from February to April. High-tech revenues rose by 2.3% overall, driven by a 2.1% Increase in service sectors, while high-tech manufacturing revenues fell by 2.5% following earlier steep gains.
Wholesale and retail trade registered a modest 1.1% expansion, whereas the Mining and quarrying sector grew by 6.6%. The trend data underscores a stabilizing economic trajectory following sharp earlier gains across key industrial and technological sectors.