Gaza war to wreck Israeli economy

Haaretz admitted:

Even without knowing much about economics, the typical Israeli understands what happened to the economy during the four weeks of the so-called 'Operation Protective Edge'.

In the south, and later in the entire occupied territories, Israelis stopped going to stores and restaurants. Tourists fled.

Analysts and officials compare the current operation to a one-month war between Israel and Hezbollah in Lebanon in the summer of 2006, as well as to conflicts in Gaza in 2009 and 2012, when the economy took a hit but bounced back quickly, except for tourism.    

The Zionist regime’s central bank reckons the fighting, provided it remains contained to Gaza, may knock at most half a percentage point of this year's economic growth.