cost of living

Finance Minister extends import tax exemptions for food products

Finance Minister Bezalel Smotrich signs two-year extension for tax exemptions for a list of food products. 'Impact will be felt in every home.'

Tax on disposables, sweetened drinks, to be canceled permanently

Finance Ministry publishes draft of order permanently cancelling the tax on sweetened drinks and disposables enacted by the Bennett-Lapid government in 2022.

Osem-Nestle announces price hike

Osem-Nestle announces it will raise the prices of some products, including chocolate, coffee, and ketchup, in 2025.

Love your coffee?

It's soon going to cost you much more

Due to adverse weather conditions leading to a particularly poor harvest, coffee prices reach a worldwide peak. Popular coffee beans register an increase of over 80%.

Strauss announces: Prices of coffee, chocolate, to rise up to 18%

Strauss food giant announces price hikes ranging between 9-18%, says price rise will cover only part of the increase in the cost of raw materials.

On Jan. 1:

Home electricity prices to rise 3.8%

Israel Electric Corporation announces price hike, blaming rising costs; with the VAT rise, consumers are expected to shell out 4.7% in power costs.

Water prices in Israel to rise 3.4% starting January

The average family is expected to pay an additional five NIS monthly; price hike due to cost of desalination and infrastructure.

Knesset advances:

Dramatic reduction in public transportation fines

In preliminary reading, Knesset plenum approves bill to reduce fines for public transportation passengers who forgot to pass their card, but who hold daily or monthly passes.

Favorite Israeli chocolate spread to see price hike

Hashahar, manufacturer of the popular chocolate spread, has announced a price hike in wake of rising cocoa prices.

Cost of public transportation rises - again

Bus fares rise to 6 NIS, as light rail fares rise to 8 NIS.

A-G holding talks to cancel daycare subsidies for Torah learners

Attorney General Gali Baharav-Miara seeks to end property tax discounts, daycare subsidies, for haredi families headed by a yeshiva student.

Finance Min. to PM:

Don't block plan to lower cost of living in Israel

Finance Min. Smotrich pens letter to Prime Minister Netanyahu, demanding PM keep agreement to use confiscated terror funds to lower cost of living for Israelis.

Israeli dairy giant announces price hike

Tnuva's price-controlled dairy products to rise in price immediately, other products to see rises later this month.

Calls for state to stop subsidizing El Al for price gouging

Many online are criticizing the Israeli carrier for raising prices after other carriers canceled flights to and from Israel.

Singapore to quadruple prices for car owners

Singapore will soon quadruple the price for individuals to own private cars.

Poll:

Likud voters believe government should focus on cost of living

Only 10% of Likud voters believe the judicial reform is the most important issue at stake.

Cost of public transportation won't rise - at least until 2024

Planned 12% price hike for public transportation will be delayed at least until late 2024, report says.

Smotrich:

'Collective punishment must not be used against settlers'

Finance Minister Bezalel Smotrich called on security forces to refrain from collective punishment of Judea and Samaria residents.

Smotrich:

Judicial reform will pass whether opposition wants a deal or not

Finance Minister blames previous govt. for rising cost of living, says judicial reform opponents inciting violence and tearing country apart

Nir Barkat: What's good for the Palestinians is good for Israel

The Minister of Economy discusses ways of limiting the cost of living in Israel - and says he wants to provide PA Arabs larger wages.

PM Netanyahu:

'Cost of living is not predestined fate - we will fight it'

'Israel does not need to be more expensive than most of the developed countries in the world,' PM Netanyahu says.

Rabbi Yuval Cherlow:

'A Jewish country must ensure everyone has basic food items'

The government of a Jewish country must ensure basic food products are accessible by all, Tzohar's Rabbi Cherlow says.

Wave of price increases:

Government-regulated bread prices to rise on Monday

Finance Ministry signs off on another price increase in the food sector despite Economy Minister Nir Barkat opposing the move.

Israeli company announces: Price of coffee, snacks, to rise

Chocolate, coffee, olive oil, and potato chips expected to rise in price next month, food giant Strauss says.

Osem announces price hike

Coffee, cereal, baby food, Materna products, and more to become more expensive as food giant announces price hike.

Netanyahu welcomes supermarket chain Carrefour to Israel

Opposition quick to remind the Prime Minister that the move was made possible thanks to the work of the previous government.

Dairy price hike:

Opposition MKs blame consequences of their actions on coalition

Former PM Lapid blames rise in dairy prices on current government - but a TV presenter reveals the truth.

Haredi MK: 'We can't allow dairy prices to rise'

'Unthinkable' that company should raise price of dairy which is not price-controlled, MK Moshe Gafni says.

'Households can manage without disposables - not without dairy'

'Taxes from disposables could have been used to lower price of dairy products,' source in food industry says.

Finance Min. halves expected rise in dairy prices

Cost of dairy products to rise less than 10%, instead of expected 17.5%.

Major bakeries demand: Price of bread needs to rise

'The cost of flour has risen by 40%, what they are asking doesn't cover expenses,' source in bakery industry says.

Finance Minister: Dairy price hike - because of previous gov't

Finance Min. Smotrich promises: 'Won't allow' price of price-controlled dairy to rise 16%, former Finance Min. Liberman was 'irresponsible.'

Price-controlled dairy to become 16% more expensive

Israel's dairy products, already among the more expensive worldwide, set to rise in price.

Cost-of-living crisis:

Finance Minister cancels import duties on variety of cheeses

"More competition leads to lower prices. This is my policy and this is just the beginning," says Smotrich.

MK Bitan on cost of living:

'I'm not looking for culprits, but for results on the ground'

MK David Bitan tells INN that despite the importance of the judicial reform, the cost of living remains the most important issue.

Prof. Yaron Zelekha:

Govt's proposals not enough to combat cost of living crisis

"Previous government contributed to price increases, now a comprehensive program is needed."

Netanyahu, Smotrich present plan to combat cost of living

Price increases for fuel, water, and electricity to be reduced or frozen

Report:

Netanyahu to freeze price hikes

In bid to combat rising cost of living, Netanyahu reportedly preparing plan to freeze price hikes for electricity, water, and local taxes.

Details of Smotrich's plan to combat cost of living revealed

Finance Minister seeks to freeze rise in electricity prices, grant tax benefits to low salary workers.

Haredi businessman:

No choice but to create haredi communities in mixed cities

'I call on people to buy apartments in the periphery and to live in them,' haredi businessman says.

Israel getting more expensive

Electricity prices to go up by 8.2% in January

Electricity Authority to raise electricity prices, continuing a trend of price increases in Israel.

Doctors to Netanyahu: Don't cancel tax on sweet drinks

'Canceling tax on sweet drinks will cost in human lives,' doctors association says.

Home water prices to rise 3.5%

Following rise in electricity prices, Israeli households will see 3.5% rise in price of water.

Electricity prices to skyrocket in early 2023

Just months after cost of electricity jumps significantly, consumers can expect another rise - nearly double the first.

Shufersal to stop carrying Tara dairy products

As steep price hikes take effect, one supermarket chain will no longer carry Tara dairy products.

Hadar Muchtar - From TikTok to the Israeli parliament?

The rising star on Israel's political horizon wants to change the country - by lowering the cost of living and keeping Israelis in Israel.

Israeli dairy giant to raise prices

Tara dairy giant sends notice to supermarket chains announcing price hike for dairy products which are not price-controlled.

Former Economy Min.: Freeze price of electricity

'Government must enact emergency plan to stop the rise in prices, reduce cost of living,' Likud's MK Eli Cohen urges.

Children from poor families to get vouchers for school supplies

Survey conducted in partnership with Geocartography finds 25 percent of Israeli parents unable to afford basic school supplies.

Netanyahu promises: 'We'll lower taxes, cost of living'

Likud leader MK Netanyahu presents list of concrete steps to lower cost of living, basic necessities.

Lapid: Nothing was done about cost of living for 15 years

PM calls violence against women a "stain on our country" during weekly Cabinet meeting.

Electricity will be more expensive next week

The price of electricity in Israel is expected to increase in a week, on August 1, by 8.6%, the Electricity Authority announced today.

Lapid presents plan to moderate bread price increases

PM, Economy Minister Orna Barbivay reach agreement on plan to limit how much prices of bread will rise.

Lapid: Gas prices to drop next week

PM says govt. to act to lower cost of living during weekly Cabinet meeting.

Shas MK suggests price cap for rental homes

MK Uriel Busso says government won't work to lower housing prices, calls on haredi rabbis to step up to the plate instead.

Opposition bill to raise minimum wage passes, embarrassing govt

Joint List bill passes with support from Ra'am. Labor & Meretz abstain from vote.

Why did MK Abutbul brandish a loaf of bread in the Knesset?

Abutbul was protesting recent price hikes in basic goods and was promptly ejected from plenum.

Netanyahu: Prices skyrocket and the govt. does nothing

Former PM says cost of living rose more in 1 year of current government than in 7 years of his governments.

Why Are Petrol Prices on the Rise?

Petrol prices continue to stay high despite the cost of oil falling.

The other high cost of inflation

The current inflation in the USA, brought about by the government, may cause a rise in the corollary that results from financial woes.Op-ed.