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Israel's Q2 GDP growth dropped to 1.2% from 17.3% in Q1, with annual growth shrinking 1.4%.
Israel's Q2 GDP grew by 1.2%, dropping from a 17.3% increase in Q1.
Annual growth shrank 1.4% compared to the same period last year, with private consumption spending at 12% in Q2 (compared to 26.3% in Q1).
Imports and exports experienced a decline, signaling a significant impact on the Israeli economy, which coincides with rising regional tensions over Israel's ongoing offensive on the Gaza Strip.
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El crecimiento del PBI Q2 de Israel cayó al 1,2% desde el 17,3% en el primer trimestre, y el crecimiento anual se redujo al 1,4%.