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ISRAEL AT WAR - DAY 363

CPI

A shopper at a Rami Levy supermarket in Modi'in on February 1, 2022. (Yossi Aloni/Flash90/File)
September 15, 2023, 10:52 pm
Annual inflation back up to 4.1% as consumer goods costs climb
Prices of fresh produce, transportation, entertainment, rent increase; drop seen in costs for clothing, footwear, furniture
By ToI Staff
A man shops for groceries at a Rami Levy supermarket in Jerusalem on February 3, 2022. (Yonatan Sindel/Flash90)
June 15, 2023, 9:48 pm
Israeli inflation lower than forecast in May, boosting odds of rate hike pause
Consumer price index surprises with lower-than-expected monthly figure of 0.2% versus analysts’ expectations of 0.5%-0.6%
By Sharon Wrobel
Bank of Israel Governor Amir Yaron speaks during a press conference at the Bank of Israel in Jerusalem, January 2, 2023. (Yonatan Sindel/Flash90)
May 22, 2023, 7:15 pm
As inflation persists, Bank of Israel hikes interest rates for 10th time, to 4.75%
Central bank lifts borrowing costs by 25 basis points, citing inflation above 5% and a tight labor market; sees signs of moderation in economic activity
By Sharon Wrobel
In this handout photo, Prime Minister Benjamin Netanyahu (left) and Finance Minister Bezalel Smotrich arrive for a meeting at the Prime Minister's Office in Jerusalem on February 23, 2023. (Kobi Gideon/GPO)
April 15, 2023, 11:41 pm
PM’s associates reject Moody’s downgrade: ‘They aren’t well-versed on the issues’
Netanyahu, Smotrich in statement: ‘With God’s help’ economy will remain strong; sources close to PM claim agency ‘affected by the atmosphere, friends in Israel telling them tales’
By ToI Staff
Prime Minister Benjamin Netanyahu (L) and Finance Minister Bezalel Smotrich arrive at a cabinet meeting at the Prime Minister's Office in Jerusalem on February 23, 2023. (Alex Kolomoisky/Pool)
April 15, 2023, 4:51 pm
‘Economic earthquake’: Opposition lashes government after Moody’s downgrade
Lapid says ‘everything falling apart’ under current leadership; Liberman: Netanyahu ‘destroying economy’; Labor’s Lazimi slams ‘parade of false narratives’
By ToI Staff and Sharon Wrobel
A sign for Moody's Corp. in New York, August 13, 2010. (AP Photo/ Mark Lennihan/ File)
April 15, 2023, 1:19 am
Moody’s downgrades Israel’s credit outlook, citing ‘deterioration of governance’
Leading credit agency demotes outlook from positive to stable despite reported talks with PM, Herzog on overhaul compromise; keeps credit rating at A1 amid ‘strong economic growth’
By Sharon Wrobel and ToI Staff
An illustrative photo of the Tel Aviv financial business district skyline. (Elijah Lovkoff via iStock by Getty Images)
April 13, 2023, 5:06 pm
Market braces for downgrade of Moody’s Israel credit outlook amid judicial jitters
Shekel continues to depreciate amid investor concern that, following credit agency’s earlier warnings, outlook could be changed from positive to stable in coming days
By Sharon Wrobel
Finance Minister Bezalel Smotrich leads a Religious Zionism faction meeting in the Givat Harel settlement in the West Bank, February 14, 2023. (Sraya Diamant/Flash90)
March 16, 2023, 1:38 pm
Daily Briefing Mar. 16: What Smotrich said and saw in the US; inflation on the rise
US correspondent Jacob Magid discusses finance minister’s overseas trip; Tech Israel editor Sharon Wrobel looks at inflation rate and reactions to Silicon Valley Bank failure
By ToI Staff
Passengers wait for a bus at the entrance to Jerusalem on August 1, 2022. (Olivier Fitoussi/Flash90)
January 15, 2023, 11:21 pm
Israel’s inflation at 5.3% in 2022, its highest level since 2008
Consumer price index rose 0.3% in December, led by gains in housing, food, transportation, and telecommunications prices, according to Central Bureau of Statistics
By Sharon Wrobel
Construction work for new housing in the settlement of Modi'in Illit. January 11, 2021. (Flash90)
December 15, 2022, 9:54 pm
Israel’s inflation accelerated to 5.3% in November, led by surge in housing costs
Annual inflation jumps to highest level since 2008, putting pressure on Bank of Israel to further hike interest rates
By Sharon Wrobel
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