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inflation

Even McDonald's is too expensive for most Americans in new economic climate

Despite decreasing inflation, US consumers are distancing themselves from fast food chains and food manufacturers like Mondelēz and General Mills; This frugality has extended to higher-income groups, and even Louis Vuitton is feeling the impact of interest rates on US shopping habits

Tamar Tunik | 08.07.24

Israeli officials optimistic inflation to cool down ahead of CPI print

Moderate change to Consumer Price Index would would bring Israel's annual inflation rate below 3% target, allowing Bank of Israel to potentially cut interest rates

Sharon Kidon, Nir (Shoko) Cohen | 02.15.24

CPI rose in July, but annual inflation dropped to 3.3% and apartment prices fell again

As expected, the consumer price index for the month of July rose by 0.3%, but annual inflation decreased due to the comparison with the large increase in the same month last year. Apartment prices decreased by 0.2% in May-June compared to the previous months and the increase in the last 12 months dropped to 5.2%. Leases for new tenants have become more expensive by 9%

Gad Lior, Hila Zion | 08.15.23

Israeli housing market takes a dip, consumer prices hold steady, inflation at 4.2%

Interest rate hikes seem to make a dent on persistent cost of living problem as Consumer Price Index unchanged in June, defying all predictions; Housing prices downtick 0.3% compared to last month but grew 7.6% year-on-year; rent prices surge 9.8%

Hila Tsion | 07.15.23

Why doesn't Israel's inflation problem seem to abate?

Expert economist says he believes that Israel is facing many hurdles before inflation rate declines and that a largescale plan is required in the housing market before prices see significant drop

Dan Raban | 06.18.23

Exploring the foreign exchange market: What causes the shekel's strength or weakness?

In the past week, Israel's shekel has strengthened after a long period of weakness, which the Bank of Israel attributed, among other factors, to judicial reform; Who are the actual traders in the foreign exchange market? Why is it different from other markets and how does it affect interest rates and prices?

Dan Raban | 06.11.23

Priced out: The New York reality for Israelis with a dream

Life in New York has become almost unbearable even for Americans who make a decent living, but for Israelis and observant Jews who dream of living the Big Apple life, expenses could price them out of the city entirely

Daniel Edelson, New York | 05.29.23

Iranian women, wearing a veil, walks among other pedestrians along a street in Tehran, Iran, 22 May 2023

Economic turmoil and rigid policies: Iranian regime caught in Bermuda Triangle of crisis

Report reveals Iran's severe economic challenges, namely staggering budget deficit, skyrocketing inflation, and growing dissatisfaction among Iranians, fuel potential nationwide upheaval against the regime, just months after the most recent wave of protests

Farhad Rezaei | 05.28.23

Should Netanyahu intervene in Israel's economic crisis?

Opinion: With the Israeli economy seemingly headed straight for a financial iceberg, it is time for the prime minister—who was once one of Israel's greatest finance ministers—to step in and steer the economy back to a safe harbor

Gad Lior | 05.16.23

Inflation shocker: Core rates in Israel soar past predicted levels

While inflation numbers in most countries around the world are seeing a decline, Israel sees an opposite trend, with consumer price index up 0.8% in April and core inflation at 5% year-on-year

Gad Lior, Hila Tsion | 05.15.23

Consumers struggle with rising prices as government focuses on judicial reforms

Netanyahu’s government has neglected its campaign promise to address inflation and the rising cost of living, and prices are continuing to rise

The Media Line | 05.01.23

Unflattering record: McDonald's costs more in Israel

The 'Big Premium New York' burger, which goes for $11.80 (42 NIS), came in first on the list of most expensive McDonald's items in the Middle East and Asia, and fifth in the world on the list of the most expensive McDonald's items from every country

Daniel Edelson, New York | 04.24.23

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