Israel/Economy

Israel: Rates expected to raise as inflation spikes

Low employment and a growing economy contributed to the current situation

Israel's poultry prices on the rise, a result of Europe war

'Prices fall or rise depending on the increase or decrease in the prices of the raw materials'

Israel authorizes project to build 4,427 homes in West Bank

Plans retroactively legalize Mitzpe Dani and Oz v'Gaon outposts

Bank of Israel still unsure on digital shekel but garners public support

'All of the responses to the public consultation indicate support for continued research'

Israel ending PCR tests at Ben Gurion Airport from May 20

Decision made in light of declining morbidity figures

Israel: Unemployment rate drops to lowest level since pandemic began

Only 186,100 Israelis were out of work in April

Jerusalem’s shops struggling to survive despite holiday business

Inflation spells financial trouble for merchants in the Old City this holiday season

Israeli shekel weakens against strengthening US dollar

'People tend to not invest in the shekel in times like this,' Ingber says

Israeli supermarket chain recalls biscuits contaminated with nylon

This recall comes after a massive recall of Strauss Group products

Israel: Small business system to be revamped

'It's over. Resources will be invested in business development rather than exhausting bureaucracy'

Salmonella outbreak not widespread - Israel's Health Ministry

'Numbers do not appear to be exceptional and do not indicate a widespread outbreak'

Israel: Strauss factory shut down after massive recall

'They cannot manufacture and market their products' until the factory is re-certified as safe

Israel: Strauss expands recall after discovering further traces of salmonella

Included in the recall are the brand's gum and toffee candies

Israel’s top chocolate maker issues major recall over salmonella outbreak

Strauss Group recalled all products made after February 20, making it the largest recall in Israeli history

Israel's housing prices up 15% from last year

Overall prices have been rising by 1.2 percent each month on average since February 2021

Israel: Prices for consumer goods rose by 0.6% in March

Prices of apartments rose during the first two months of 2022 by 1.8 percent

Bank of Israel lifts rates for first time since 2018 to curb inflation

Inflation moved to an 11-year high of 3.5 percent, lower than other Western countries

Moody's raises Israel's economic outlook to positive

Israeli economy grew by 8.1% last year, the highest financial growth rate since 2000

US official: Pipeline sending Israeli gas to Europe 'not viable'

'We believe it is too expensive, not economically viable and will take too long'

Israeli farmers in limbo over Ukraine war as exports halt

Israeli farmers face the effects of the war in Ukraine as exports grind to a halt

Bank of Israel blames high housing prices on supply

'Measures to manage demand introduce volatility and uncertainty in the housing market'

Israeli women choosing family over money, study shows

'Women who are planning to have large families or marry early invest less in their human capital'

French supermarket chain Carrefour coming to Israel

Largest international retailer to enter Israeli market, with over 150 stores opening within three years

Used car prices soaring in Israel

'People sought cars for their children in the army and grandpa who had been using the bus to get around'