Inflation
Middle East economy to shrink 2.1% in 2026, Gulf economies by 4.3%, World Bank forecasts
Despite grim forecasts, the World Bank projects regional economies could rebound by 7.8% in 2027 if the conflict ends this year, though the Hormuz blockade and inflation remain major threats.
OECD cuts Turkish economic growth forecast to lowest rate since 2020 amid Iran war, rising prices
Renewed Middle East tensions send Brent Crude above $100
Iranian Rial hits record low as economic fallout from war takes hold - report
Eid in Pakistan: Elites undaunted by inflation while the working class struggles to survive
Rising inflation dampened the joy of Eid al-Fitr in Pakistan, whose economy is considered repressed, according to a Washington-based think tank.
Turkey's central bank delivers bold rate hike amid inflation concerns
The sharp rate increase sparked a rally for the Turkish lira, which appreciated as much as 2%.
The Bank of Israel: Interest rate stands unchanged at 4.5%
Amir Yaron of the Bank of Israel extends public relief and calls for a committee to devise a multi-year defense budget plan due to economic challenges
Inflation declines, credit card spending rises: BofA on Israel’s economy
The report said the general unemployment rate went up to 10.2% when the conflict started, and now it's at 7.2%, partially due to the many Israelis serving in reserves.
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.