consumer prices

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

A shopping cart at the Rami Levy supermarket in Modiin on July 21, 2022. (Yossi Aloni/Flash90)

May 15, 2023, 10:02 pm

Israel consumer price index surprises with higher-than-expected April figure up 0.8%

Rise of almost double the forecast sets up Bank of Israel for another interest rate hike next week, as central bank battles inflationary pressure, economists say

By Sharon Wrobel

The opening of the Ra'anana branch of French supermarket chain Carrefour, attended by Carrefour Israel CEO Uri Kilstein and Patrick Lasfargues, president of Carrefour's international division, May 9, 2023. (Courtesy)

May 9, 2023, 4:56 pm

French retail chain Carrefour opens 50 stores across Israel, vowing to disrupt prices

Basket of goods of Carrefour-branded goods is 60% cheaper versus basket of comparable goods by local competitors, according to retailer; analyst sees prices continuing to rise

By Sharon Wrobel

Shoppers at a Spar supermarket in Johannesburg, South Africa, March 24, 2020 (AP Photo/Denis Farrell)

March 5, 2023, 1:31 pm

Shufersal injects NIS 28 million to open Dutch SPAR chain in Israel

Israel’s biggest supermarket chain inks deal to exclusively import and sell SPAR products in Israel, vowing to increase competition and bring down food prices

By Sharon Wrobel

Wasteless uses artificial intelligence to lower prices as perishable foods approach their sell-by dates. (Courtesy, Wasteless)

December 13, 2022, 8:28 pm

Dutch retail chain buys Israeli software linking food prices to expiration dates

By combining data, Wasteless can gradually lower the price of an item to appeal to customers, while maximizing a retailer’s margins and slashing waste

By Sue Surkes

People shop for food at Shufersal, on September 21, 2020. (Yossi Aloni/Flash90)

December 6, 2022, 11:37 am

Shufersal supermarket chain bows to Tnuva price hikes, ending short-lived boycott

Retailer says it will bring back products that have no alternatives on the market, while keeping others off the shelves

By ToI Staff

A worker stacks dairy products at a Shufersal supermarket in the Golan Heights town of Katzrin, on July 1, 2022. (Michael Giladi/ Flash90)

November 23, 2022, 11:24 am

Tnuva’s price hike comes into effect, all eyes on Shufersal after boycott threat

Without many alternatives and with potential competition from smaller retailers, Israel’s largest supermarket chain may find itself fighting the dairy giant’s price rise on its own

By Tobias Siegal

Illustrative: A man looks at dairy products while shopping at a Rami Levy supermarket. (Nati Shohat/Flash90)

November 14, 2022, 2:56 pm

Tnuva announces price hikes on majority of unregulated dairy products

Expected increase of about 5% to apply to most of the food giant’s dairy products and non-dairy substitutes; Shufersal chain says it opposes move, will take items off shelves

By Tobias Siegal

Britain's Queen Elizabeth II, left, welcomes Liz Truss during an audience at Balmoral, Scotland, where she invited the newly elected leader of the Conservative party to become Prime Minister and form a new government, September 6, 2022. (Jane Barlow/Pool Photo via AP)

September 6, 2022, 4:01 pm

Liz Truss enters office as Britain’s new PM, facing numerous challenges

Britain’s newly appointed successor to Boris Johnson under pressure to curb soaring prices, ease labor unrest and address health care system crisis

By DANICA KIRKA and Jill Lawless

Illustrative: Arnon Bar-David, then a candidate in the elections for the Histadrut, arrives to vote at a polling station, during the Histadrut elections in Tel Aviv, May 24, 2022. (Avshalom Sasoni/Flash90)

July 28, 2022, 4:33 pm

Histadrut announces protests, information campaign to fight rising cost of living

Labor federation will send operatives to shopping centers to guide consumers to cheaper products; billboards go up spreading message; ‘We’re only just starting,’ group’s chief says

By Tobias Siegal

Histadrut labor federation chair Arnon Bar-David calls for a consumer boycott of import giants Diplomat, Kimberly Clark and Schestowitz amid rising prices, July 26, 2022. (Screenshot/Histadrut)

July 27, 2022, 12:23 pm

‘The party is over’: Histadrut chair urges consumer boycott amid rising prices

Arnon Bar-David says import giants Diplomat, Kimberly Clark and Schestowitz are ‘taking advantage of the political chaos’ and ‘abusing’ the public

By Tobias Siegal

A construction site of new residential buildings in the Ir Yamim neighborhood in the costal city of Netanya, March 26,2020. (Gili Yaari / Flash90)

May 15, 2022, 9:23 pm

Housing prices soar by more than 16% in past year, highest rise in over a decade

Consumer prices rise by 0.8% in April, 4% over past year, with notable upticks in fresh vegetables and fruits, clothing and footwear, transportation, culture and entertainment

By ToI Staff

A Palestinian man hangs decorative lights in preparation for the holy Muslim month of Ramadan, at the streets of Jerusalem's Old City, April 1, 2022. (AP Photo/Mahmoud Illean)

April 2, 2022, 12:47 pm

Ramadan kicks off in Mideast in shadow of soaring food prices amid Ukraine invasion

Ongoing war casts a pall over Muslim holiday as many countries face wheat shortages, leaving millions to wonder where their next meals will come from

By AP

Prime Minister Naftali Bennett (center) addresses a weekly cabinet meeting in Jerusalem on February 6, 2022. (Haim Zach/ GPO)

February 6, 2022, 9:25 pm

PM meets finance minister as he vows to tackle rising living costs

Bennett says competition is best tool for mitigating price hikes; Finance Ministry expected to present plan next week

By Tobias Siegal

Israelis protest against the rising cost of living, outside the Knesset in Jerusalem, February 2, 2022. (Yonatan Sindel/Flash90)

February 4, 2022, 10:55 pm

Finance Ministry said mulling tax cuts amid protests over soaring cost of living

Report says Liberman will present plan next week that could also include subsidizing part of electricity price hike and further cuts to import duties

By ToI Staff