Sad Stats

The Central Bureau of Statistics has published some troubling year-end economic numbers. The year 2002 saw a negative growth of 1%, and a startling 3% drop in per-capita production. The economic standard of living in Israel decreased by 2.6%, and gross hourly wages tumbled by 5%. These are Israel's worst economic statistics since 1953.

Dec 31, 2002, 7:00 PM (GMT+2)

The Central Bureau of Statistics has published some troubling year-end economic numbers. The year 2002 saw a negative growth of 1%, and a startling 3% drop in per-capita production. The economic standard of living in Israel decreased by 2.6%, and gross hourly wages tumbled by 5%. These are Israel's worst economic statistics since 1953.