Inflation

Israel’s inflation dynamics remain under control

A strong shekel, alongside structural energy factors, is moderating external price shocks.

Matan Shitrit, Chief Economist at Phoenix Financial
 A participant stands near a logo of the World Bank at the International Monetary Fund - World Bank Annual Meeting 2018 in Nusa Dua, Bali, Indonesia, October 12, 2018

World Bank warns of 16% rise in commodity pricing over Hormuz closure

"the U.K. economy is likely to face continued inflationary pressure amid persistent uncertainty from the U.S.-Iran conflict affecting global energy markets."

UK inflation hits 3.3% as middle east conflict drives fuel prices

Israeli shekel

Dollar falls below three shekels for first time in over 30 years, annual inflation rate declines


Bank of Israel worried looser fiscal policy may prevent inflation easing

Prime Minister Benjamin Netanyahu has promised hefty state spending that includes higher subsidies to coalition partners.

 View of Bank of Israel main offices in Jerusalem, on January 2, 2023.

50-year-old man has 60 kids - and wants more

The man petitioned local authorities to donate a bus for him to transport his large family.

Babies (Illustrative)

Pakistan’s economic crisis worsens with no end in sight

Experts say no government has chosen a solid policy to improve the condition of citizens.

People wait their turn to get fuel at a petrol station, in Karachi, Pakistan, June 2, 2022.

Bank of Israel interest rate increases by an additional 0.5%

A further increase in the interest rate may reduce the effects of inflation, but it will have a negative impact on the recipients of loans and mortgages.

 The Bank of Israel building is seen in Jerusalem June 16, 2020. Picture taken June 16, 2020.

Finding hope for the new year - opinion

Reflecting on the good and the bad of the last year and voicing hopes for 2023.

 22222 clock

What happened in the global economy during 2022? - summary

Inflation ran rampant, stock market screens turned red, crypto crashed, tech stocks wiped out trillions and the global economy appears to be heading into recession: A 2022 global economy recap.

 A trader works on the floor of the New York Stock Exchange, where stocks plunged to a bear-market low.

People with junior positions in tech should not be overlooked - opinion

Those who want to be involved in the industry and grow, must give the extra mile, and show output and potential.

 A SOFTWARE engineer at Asgard Systems develops an interface for military simulation in a computer game.

Israel inflation rate seen at 14-year high of 5.3% in November

Israel's budget is currently in surplus but prime minister-designate Benjamin Netanyahu has promised to freeze electricity and other costs.

 New Israeli Shekel banknotes and coins are seen in this picture illustration taken November 9, 2021.

Inflation: 7 facts and fictions you should be aware of - explainer

There has been much fallacious talk and print about the current 40-year high in inflation. Perhaps it is time to get to the bottom of it.

 A man stands in front of an electronic board displaying market data at the Tel Aviv Stock Exchange.

Bank of Israel to raise interest rate for the sixth time since April

To combat the ever-rising rate of inflation — which was last recorded at 5.1% as of October — the Bank of Israel will raise its interest rate on Monday.

 The Bank of Israel building is seen in Jerusalem June 16, 2020. Picture taken June 16, 2020.