Summary And Forecast For Israeli Diamond Industry

Economy
15/04/2015 13:51

The "dry facts" of 2014, indicating an increase of close to one percent in export, do not tell the true story of the year. Its most prominent feature was fluctuation in the prices of both rough and polished diamonds. 

The World Bank claims that 2014 marked a turning point in the global economy, and it is forecasting world growth of up to 4% in 2015, compared with 3.4% in 2014 and 2.4% in 2013 - an increase that will directly impact on the consumption of luxury goods, in general, and diamond jewelry, in particular.