inflation

German companies consider 4-day work week

A new pilot project by 45 German companies would see workers on the job only four days a week, while retaining their previous salaries, to boost efficiency during the remaining days.

Inflation contained:

Consumer price index rises 0.3% in July

Netanyahu calls results 'good news. Our economic policy works for the benefit of all Israeli citizens.'

Price index below expected rate of inflation

Finance Minister: 'The data are encouraging, but we still have work to do.'

Will US Inflation Continue to Rise Through 2023?

In November, Wall Street recorded its best day since April 2020, giving hope that the cost of living crisis may have peaked.

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."

Food prices rise again as inflation outpaces wage increases

Dairy giant Tnuva announces wave of price hikes as inflation continues to drive up the cost of living.

Study: Americans $4.2K poorer because of Biden's policies

Consumers taking major hit during Biden era, with far less spending power combined with out of control inflation and interest rate hikes.

Dow falls 900 points after inflation report

Record inflation continues to cause high consumer goods prices and increases in interest rates.

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.

Inflation soars in Turkey to almost 80%

Inflation in Turkey is nearly at 80 percent, with consumers shocked by soaring costs for food, energy and housing.

Fed raises key interest rate 75 points in response to inflation

As recent numbers show inflation continuing to soar, Fed raises key rate 75 points for second time in two months.

IMF: High likelihood of recession in G7 countries

Predicted recession blamed on skyrocketing energy costs, supply chain disruptions, and the war in Ukraine.

Lapid pushes to freeze massive impending price hike on bread

With price of bread set to soar 20%, Prime Minister orders Treasury Ministry to draft plan to prevent price hike.

Watch: Biden's press sec. distorting reality?

The White House press secretary repeated Biden's lines about American economy being on an 'upward trajectory'.

US economy surpasses predictions, adds 372,000 jobs in June

High labor demand leads to surprisingly strong growth in June, with the US economy defying predictions and adding 372,000 jobs.

US inflation

Economists warn recession likely to hit US this year

With inflation hitting US consumers hard and the economy cooling, experts predict recession looming.

US inflation hit 40-year high in May

Biden administration faces backlash as inflation continues to soar.

Cost of kosher foods skyrockets in Great Britain

Prices in Britain for kosher foods have soared by over 25 percent in 2022, leaving many struggling to keep up with their needs.

Pelosi spews 'baloney' about Biden fixing inflation

While the US is embroiled in the biggest economic crisis in recent memory, Pelosi is trying to justify Biden's inadequacy.

GOP senator: Biden is ‘incoherent, unwell, confused'

Florida Senator Rick Scott slams Biden after speech accusing Scott and other Republicans of being responsible for record inflation.

White House: 2022 will see strong growth despite inflation

Biden administration predicts strong period of growth in 2022 despite continuing inflation.

Inflation in U.S. hits 40-year high

Prices soared in March hitting a high not seen over the past 16 years.

Watch:

'Rouge' bird defecates on Biden mid-speech

Reports claimed that 'even birds disapprove of the American president', with the incident taking place during Biden's speech on inflation.

Yellen: Ukraine cause of major economic repercussions

House Financial Services Committee grills Treasury Secretary Janet Yellen about mounting inflation and economic troubles amid Ukraine war.

Watch:

Turkey's inflation hits 20-year high

Turkey's annual consumer inflation jumped to a 20-year high of 61.14%, fueled by newly-imposed sanctions on Russia.

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.

'I would consider living in my car': US battered by inflation

Millions of Americans are struggling to make ends meet with inflation hitting record highs.

Ingraham: New 'lockdown' is high gas prices, inflation

Laura Ingraham says 'Biden and his puppet masters are going to use every bit of this Russia-Ukraine crisis to take your money and freedom.'

Cost of Living:

Israel to cut taxes on gas, meat, dairy products, electricity

Report: Israeli Finance Ministry planning series of tax and tariff cuts on foods, gasoline, and electricity to curb rising prices.

Govt to food companies: Don't raise prices

With a stronger shekel and lower inflation, companies are making money without passing on savings to consumers.

US Fed: Global supply chain crisis may soon be over

Global supply chain crisis that led to historic levels of inflation may soon be over, according to experts.

US inflation hits level unseen in nearly four decades

Americans are facing the highest jump in consumer prices in 39 years as inflation continues to soar.

Inflation leads to higher prices for gifts

With inflation at a 30-year high some gifts could cost between 5 and 17% more, Newsmax reports.

Congressman: I'd give Biden a grade worse than F on inflation

Ranking member of House Budget Cmte: Biden 'clearly does the opposite of what's necessary.'

Inflation soars in UK to highest level in a decade

Consumer prices rise to highest level in nearly a decade, following COVID lockdowns and resulting economic contraction.

Negative interest rates: Could Israel be next?

With deepening deflation despite soaring housing prices, will Israel be the next country to try extreme monetary policies?

Bank of Israel Cut Interests Rates to New Record Low

The Bank of Israel is expected to cut interest rates further, in order to prompt spending in Israel's weak economy.

Chief Rabbi: Expect Huge Cost Hikes on Meat Soon

Israel could face a major meat shortage for Rosh Hashana due to dispute over honest slaughtering supervision.

Analysts: Iran Sanctions Did Enormous Harm to Country

Analysts Wednesday listed some of the economic damage done to Iran by the sanctions – and that damage has been substantial.

Analysts: Gas Price Hike Could be Election's 'Dark Horse'

Israelis usually don't think about gas price hikes - but two weeks before election, it may become an important issue.

PM on Housing Report: We've Done Much, But Still Much to Do

The Comptroller's Report on housing is “a very important document on which we place a great deal of importance,” PM Netanyahu said.

Prices Deflate 0.3% in January, as Trend Continues

The newest scourge of economists, deflation, hit Israel in a big way in January. In a trend that began in 2014.

Report: Prices in Israel Not So Bad

Prices in Israel may be high, but they are going up at a slower pace than in other OECD countries, a report said.

Economist: Fischer Could be a 'Disaster' for US

Stanley Fischer was highly regarded when he ran the Bank of Israel - but maybe he shouldn't have been, writes a British economist.

Bank of Israel Slashes Interest Rates; Down to 1%

In what economists said was a surprise move, the Bank of Israel lowered the prime interest rate Monday to 1%.

Group: One Third of Families Can't Afford Summer Day Camp

A consumer group said that summer camp was too expensive for a third of Israeli families - and demanded solutions.

'Dollar Gone Wild' Prompts Unusual Bank of Israel Move

Interest rates will go down by a quarter point on Friday, an unusual mid-month move by outgoing BOI Chairman Stanley Fischer

Protests Forgotten, Cottage Cheese, Dairy Prices to Rise

The mass protests in Israel over the high cost of living several summers ago were triggered by high dairy prices - which are going higher

Treasury: There May be Hope for Lower Home Prices

There are signs that voracious appetite of Israelis for apartments and homes may be calming down.

Israelis to be Hit With Wave of Rising Prices

Israel's largest supermarket chain, Shufersal, announced Wednesday that it was raising prices across the board on thousands of products

Israelis Prepare to Shell Out as Osem Hikes Prices

Osem on Thursday announced a sharp increase in the price of nearly all of its 2,000 products

Bank of Israel: Interest Rate to Remain Stable at 2.25%

The Bank of Israel announced Monday there will be no change in the prime interest rate next month.

Bank of Israel: Interest Rate for June Unchanged at 2.5%

The Bank of Israel left the country's key interest rate unchanged for June 2012 at 2.5 percent for the fourth month in a row.

Poll: 55% of Israelis Give 'Mishloach Manot'

A poll of Israelis on how they fulfill the Purim tradition of “mishloach manot” showed that most fulfill the tradition