Inflation
Trump declares Iran ‘officially a failed nation,’ says US will respond to strikes on Jordan
In reference to the killing of anti-regime protestors, Trump claimed that over 100,000 have been killed and asserted that the regime in Tehran must be tried for war crimes.
Iranian worker’s suicide attempt exposes Islamic regime's economic crisis, expert says
Israel in the eye of the storm — But the economy tells a different story
Inflation and housing prices show continued declines in Israel
Bank Hapoalim cautions against overoptimism in economic recovery
Following last week's release of positive economic indicators, Bank Hapoalim has issued a cautionary note to investors and policymakers.
Inflation in Israel works its way down as interest rate cut looms
As the shekel begins a climb from recent lows, analysts anticipate interest cuts upcoming, even as early as the end of November.
'Just lower interest rate,' Israeli lawmaker tells cbank amid conflict
Under the plan, loan payments of mortgages, consumer credit and business credit would be deferred without charging interest and without charging fees.
Shufersal cancels deal to set up SPAR supermarkets in Israel
Shufersal said it had canceled a deal with SPAR to set up a network of the Dutch food retail chain's stores in Israel, citing regulatory restrictions.
Israeli shekel sees 10.34% decline vs. USD since 2023 - new research
In spite of this data, Finance Minister Bezalel Smotrich said, "Israeli economy is showing relative resilience and stability."
Bank of Israel keeps interest rate steady at 4.75% amidst inflation concerns
There’s still no telling when the interest rate will decline, experts note.
Despite CPI rise by 0.3%, the future of Israel’s inflation is uncertain
While a potential slowdown in economic activity is expected, the notable wage increases and shekel devaluation are set to have serious repercussions on the Israeli inflation rate.
Burger King says tomatoes on 'vacation' as India battles food inflation
"Even tomatoes need a vacation...we are unable to add tomatoes to our food," read notices posted at two Burger King India outlets.
Wages in Israel have increased since last year — and that’s bad
Higher nominal wages indicate continuing inflation within Israel, which could lead to further counter-inflationary action from the Bank of Israel.
Bank of Israel warns: Economy at risk, judicial reform to blame
According to the BoI’s latest report, judicial reform and inflation rate adjustments are the primary factors that can significantly impact Israel’s risk premium.