Israel's GDP rose at an annual rate of 3.4% in the first quarter of 2010, down from a previous estimate of 3.6%.
The figure is the third estimation of economic growth figures by the Central Bureau of Statistics. Israel's GDP grew 4.4% in the fourth quarter of 2009, and grew 3.9% in the third quarter of 2009.
The data shows that in the first quarter, private consumption expenditure rose 4.4%, exports of goods and services rose 3.1%, and investment in fixed assets rose 1.3%.
Published by Globes [online], Israel business news - www.globes-online.com - on July 18, 2010
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