Israel's Health Ministry approved a reform to align food imports with European regulations to reduce costs and increase competition; experts caution about immediate impacts and costs.
Osem has informed retail chains that starting in August, it will reduce the list price of several products, primarily in its breakfast cereal line, by 8%-15%.
"Since the start of the war, the big food companies have raised prices by dozens of percent," said a lobby group.
IFCJ donated $42,247, to make the project possible, which funded the purchase of the truck as well as additional support related to adapting the vehicle for food distribution.
Coffee, sandwiches, or pastries sold in hospital cafeterias are significantly more expensive than in other locations. The Knesset Health Committee will begin monitoring these prices.
While Eizenberg cautioned that it is very hard to know what may happen in the future, he predicts that the likely scenario is that prices will continue to rise in the next few months.
Among product prices impacted, the price of one liter of bagged 3% milk will go from NIS 5.94 to NIS 6.21 and one carton of 1% milk will rise from NIS 6.41 to NIS 6.7.
The outbreak of the Israel-Hamas war has led to an existential crisis for Israeli farmers, as well as for customers and evacuees trying to make ends meet in time for the holiday.
Economy Minister Nir Barkat called on the Israeli public to boycott Israeli food company Osem for refusing to cooperate with the government over food price rises.