The Americans and the Europeans did not see this as a sign of future moderation, but as a one-time development, and the update of the forecasts reflected only the surprise of the first quarter, and not expectations of moderation later on. We must assume that this development also had an impact on the Israeli economy.
Beyond that, the first quarter data that were published are initial data, and we know well that these data go through significant revisions for the most part. We must therefore relate to them as part of a whole of other indicators that we look at, some of which were negative and some positive.