Join our Community
Support ToI and remove all ads
Learn more

ISRAEL AT WAR - DAY 435

inflation

Construction works on new housing in the southern Israeli city of Kiryat Gat, July 29, 2024. (Yossi Aloni/Flash90)
September 15, 2024, 9:49 pm
Israeli inflation picks up more than forecast as travel costs and home prices soar
Consumer prices accelerated to 3.6% in August, the highest level since October, reducing the odds that the central bank will cut high borrowing costs in the coming months
By Sharon Wrobel
Illustrative. A man looks at dairy products while shopping at a Rami Levy supermarket. (Nati Shohat/Flash90)
July 15, 2024, 9:57 pm
Inflation edges higher, bolstered by uptick in housing prices
In June, annual inflation rose to 2.9%, reaching the upper range of the government’s target, reducing the odds that high borrowing costs will be lowered in coming months
By Sharon Wrobel
Bank of Israel Governor Amir Yaron speaks during a press conference at the Bank of Israel in Jerusalem, on January 7, 2019. (Noam Revkin Fenton/Flash90)
May 27, 2024, 7:06 pm
Bank of Israel leaves lending rate at 4.5%, as inflation and war uncertainty ramp up
Central bank has kept rate steady since cutting it in January; says it expects the deficit to rise due to war costs, pushing the state to make budgetary cuts and raise taxes
By Sharon Wrobel
The busy aisles at a Rami Levy supermarket in Pardes Hannah-Karkur, on October 10, 2023. (Gavriel Fiske/ Times of Israel)
April 15, 2024, 10:06 pm
Inflation edges higher as housing costs and travel prices rise
Consumer prices rose by an annual 2.7% in March, from 2.5% in February, reducing the odds that the central bank will lower already high borrowing costs for consumers in May
By Sharon Wrobel
Bank of Israel governor Amir Yaron speaks at a press conference in Jerusalem, April 8, 2024. (Sharon Wrobel/The Times of Israel)
April 8, 2024, 9:17 pm
Bank of Israel holds borrowing costs steady, citing rising geopolitical uncertainty
Central bank keeps interest rates at 4.5% amid growing regional tensions, given Iran’s threat to retaliate against Israel and concerns over increased defense spending
By Sharon Wrobel
Tel Aviv skyline. (Abir Sultan/Flash90)
November 30, 2023, 7:52 pm
Tel Aviv bumped down to world’s 8th most expensive city to live in – survey
White city slips five rungs from 3rd-most costly city in 2022 and after taking ignominious top spot for first time in 2021, as global cost of living crisis slightly moderates
By Sharon Wrobel
Bank of Israel Governor Amir Yaron speaks during a press conference at the Bank of Israel in Jerusalem, on January 7, 2019. (Noam Revkin Fenton/Flash90)
November 27, 2023, 10:24 pm
Bank of Israel cuts growth forecast again due to war impact, leaves benchmark steady
Central bank head urges government to commit to make expenditure cuts of non-essential items in the 2024 state budget, including discretionary coalition funds
By Sharon Wrobel
The busy aisles at a Rami Levy supermarket in Pardes Hannah-Karkur, on October 10, 2023. (Gavriel Fiske/ Times of Israel)
November 15, 2023, 10:17 pm
Amid war with Hamas, annual pace of inflation eases in October
Annual inflation eases to 3.7% ahead of Bank of Israel interest rate decision on Nov. 27; war expected to affect economy, dampen growth prospects
By Sharon Wrobel
A shopping cart at the Rami Levy supermarket in Modiin on July 21, 2022. (Yossi Aloni/Flash90)
October 15, 2023, 11:45 pm
Israel inflation rate unexpectedly falls in September, raising odds for rate cut
Annual inflation eases to 3.8% ahead of Bank of Israel interest rate decision next week; war with Hamas expected to affect economy, dampen growth prospects
By Sharon Wrobel
Illustrative: A shopper at a Rami Levy supermarket in Modiin on February 1, 2022. (Yossi Aloni/Flash90)
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
Bank of Israel Governor Amir Yaron speaks during a press conference in Jerusalem, on April 11, 2022. (Flash90/File)
September 4, 2023, 7:23 pm
Bank of Israel keeps interest rates unchanged, says cycle of jumps may not be over
As forecast, central bank leaves borrowing costs at 4.75%, but cautions about impact of shekel depreciation on inflation and the possibility of further rate hikes
By Sharon Wrobel
An illustrative photo of new residential towers in Beit Shemesh, April 2022. (Elijah Lovkoff via iStock by Getty Images)
August 25, 2023, 6:03 am
Housing snapshot: Home sales and rentals across Israel
The Times of Israel’s regular feature on what is happening in Israel’s property market right now
By Danielle Nagler
Bank of Israel main offices in Jerusalem, on August 12, 2021. (Yonatan Sindel/Flash90)
August 2, 2023, 6:59 pm
Bank of Israel sees increased risk to economy due to judicial overhaul uncertainty
In report on domestic financial stability, central bank says Israel’s financial system ‘remains stable’ but raises the level of risk, citing overhaul impact
By Sharon Wrobel
Apartment buildings in the Gonen neighborhood of Jerusalem, one of the most popular locations for Israeli investment properties, January 2020. (Hadas Parush/Flash90)
July 28, 2023, 6:51 am
Real property pain underpins Israel’s sobering housing statistics
With price highs and transaction lows, securing a property deal seems harder than ever
By Danielle Nagler
File: People shop for dairy products at the Shufersal Deal supermarket in Katzrin, on November 28, 2022. (Michael Giladi/Flash90)
July 14, 2023, 4:57 pm
Consumer prices stay steady in June, in latest sign of easing inflation
Price drops on fresh produce, clothes and furniture outweigh hikes elsewhere, matching trends around the world as higher interest rates smother spending
By ToI Staff
Load More
Sign in or Register
Please use the following structure: example@domain.com
Or Continue with
By registering you agree to the terms and conditions
Register to continue
Or Continue with
Log in to continue
Sign in or Register
I forgot my password / Send me a sign in link
Or Continue with
check your email
Check your email
We sent an email to you at .
It has a link that will sign you in.
Never miss breaking news on Israel
Get notifications to stay updated
You're subscribed
image
Register for free
and continue reading
Registering also lets you comment on articles and helps us improve your experience. It takes just a few seconds.
Already registered? Enter your email to sign in.
Please use the following structure: example@domain.com
Or Continue with
By registering you agree to the terms and conditions. Once registered, you’ll receive our Daily Edition email for free.
Register to continue
Or Continue with
Log in to continue
Sign in or Register
I forgot my password / Send me a sign in link
Or Continue with
check your email
Check your email
We sent an email to you at .
It has a link that will sign you in.