Holiday Spending Up By 13 Percent
Israeli households are spending more this year for the holidays in the Hebrew month of Tishrei that begin with Rosh HaShanah, the Jewish New Year.
According to a survey conducted by the National Chamber of Commerce, the average expenditure per household this year from Rosh HaShanah to Sukkot was approximately 2,600 shekels ($700). The figure constitutes an increase of nearly 13 percent over last year for the same period. Israeli expenses totaled some 5 billion shekels for the period.
The total expenditures for households during the holidays, not including food, was 2 billion shekels. The highest percentage was spent on fuel and public transportation (32 percent), with the next largest amounts spent on travel abroad – including to the Sinai Peninsula – (24 percent) and entertainment (23.5 percent).
Approximately 10 percent was spent on recreation, including hiking and other pursuits, 8 percent was spent on clothing and 3 percent was spent on toys and games.