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Palestine economic growth falls to 7.4% in Q3-14

Palestine economic growth falls to 7.4% in Q3-14
Photo Credit: Arabianeye-Reuters


Cairo-Mubasher : Palestine’s economic growth rate dropped to 7.4% in the third quarter of 2014 compared to figures from the second quarter of 2014, according to the quarterly statistical bulletin released by the Palestine Monetary Authority (PMA).

Moreover, the unemployment rates reached 47.4% during the period, compared to 44.5%. 

PMA highlighted in its report that the inflation rate rose to 2.3% on an annual base, compared to 1.9% in the second quarter of 2014.