Passover, a NIS 4.8 billion holiday

Israeli households spend roughly 10% more during the week of the holiday than in non-holiday weeks.

March 29, 2015 16:04
Investment graph

Investment graph. (photo credit: INGIMAGE / ASAP)


Dear Reader,
As you can imagine, more people are reading The Jerusalem Post than ever before. Nevertheless, traditional business models are no longer sustainable and high-quality publications, like ours, are being forced to look for new ways to keep going. Unlike many other news organizations, we have not put up a paywall. We want to keep our journalism open and accessible and be able to keep providing you with news and analyses from the frontlines of Israel, the Middle East and the Jewish World.

As one of our loyal readers, we ask you to be our partner.

For $5 a month you will receive access to the following:

  • A user uxperience almost completely free of ads
  • Access to our Premium Section and our monthly magazine to learn Hebrew, Ivrit
  • Content from the award-winning Jerusalem Repor
  • A brand new ePaper featuring the daily newspaper as it appears in print in Israel

Help us grow and continue telling Israel’s story to the world.

Thank you,

Ronit Hasin-Hochman, CEO, Jerusalem Post Group
Yaakov Katz, Editor-in-Chief

UPGRADE YOUR JPOST EXPERIENCE FOR 5$ PER MONTH Show me later Don't show it again

Passover this year will be worth approximately NIS 4.8 billion, according to the Federation of Israeli Chambers of Commerce.

A study estimated that Israeli households spend roughly 10% more during the week of the holiday than in non-holiday weeks, amounting to a roughly NIS 2,400 increase in spending per household.

Be the first to know - Join our Facebook page.

Two-thirds of the spending will go to food (all that Matzo and Gefilte fish add up!), but the remaining NIS 1.6 will be spent on gas and transport, entertainment, domestic and foreign trips, clothing, eating out.

Massive holiday discounts and sales are expected to draw consumers.

All that shopping will mean a 2% bump in jobs.

According to the FICC’s economists, the holiday will lead to a seasonal increase of 12,400 jobs, mostly in hotels, restaurants and catering services.

Many of those positions, however, are expected to disappear by May.

Related Content

An El Al plane in Ben Gurion Airport
July 20, 2018
Dutch BDS activist denied entry into Israel at Ben Gurion airport