Israeli treasury: Economy slowed down in October

But the real estate market is still blazing hot. October housing sales rose 17 percent from September, and preliminary figures show continued growth in November.

By Arik Mirovsky and Moti Bassok | 04:47 07.12.12 |

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Arik Mirovsky

Moti Bassok

The Israeli economy showed clear signs of slowing in October, with a rise in unemployment and a drop in foreign trade and production, the Finance Ministry said yesterday.

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Israeli treasury: Economy slowed down in October

But the real estate market is still blazing hot. October housing sales rose 17 percent from September, and preliminary figures show continued growth in November.

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