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Holiday Spending Up By 13 Percent

Israeli households are spending more this year for the holidays that began with Rosh HaShanah, the Jewish New Year.
By Chana Ya'ar
First Publish: 9/28/2010, 9:58 AM / Last Update: 9/28/2010, 10:12 AM

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.