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cost of living

News and updates about cost of living

Singapore to quadruple prices for car owners

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

Singapore to quadruple prices for car owners

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.

Likud voters believe government should focus on cost of living

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.

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

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.

'Collective punishment must not be used against settlers'

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

Judicial reform will pass whether opposition wants a deal or not

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.

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

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.

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

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.

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

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.

Government-regulated bread prices to rise on Monday

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.

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

Osem announces price hike

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

Osem 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.

Netanyahu welcomes supermarket chain Carrefour to Israel

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.

Opposition MKs blame consequences of their actions on coalition

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.

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

'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.

'Households can manage without disposables - not without dairy'

Finance Min. halves expected rise in dairy prices

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

Finance Min. halves expected rise in dairy prices

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.

Major bakeries demand: Price of bread needs to rise

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.'

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

Price-controlled dairy to become 16% more expensive

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

Price-controlled dairy to become 16% more expensive

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.

Finance Minister cancels import duties on variety of cheeses

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.

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

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."

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

Netanyahu, Smotrich present plan to combat cost of living

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

Netanyahu, Smotrich present plan to combat cost of living

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.

Netanyahu to freeze price hikes

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.

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

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.

No choice but to create haredi communities in mixed cities

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.

Electricity prices to go up by 8.2% in January

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

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

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

Home water prices to rise 3.5%

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

Home water prices to rise 3.5%

Electricity prices to skyrocket in early 2023

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

Electricity prices to skyrocket in early 2023

Shufersal to stop carrying Tara dairy products

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

Shufersal to stop carrying 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.

Hadar Muchtar - From TikTok to the Israeli parliament?

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.

Israeli dairy giant to raise prices

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.

Former Economy Min.: Freeze price of electricity

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.

Children from poor families to get vouchers for 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.

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

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.

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

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.

Electricity will be more expensive next week

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 presents plan to moderate bread price increases

Lapid: Gas prices to drop next week

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

Lapid: Gas prices to drop next week

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.

Shas MK suggests price cap for rental homes

Opposition bill to raise minimum wage passes, embarrassing govt

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

Opposition bill to raise minimum wage passes, embarrassing govt

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.

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

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.

Netanyahu: Prices skyrocket and the govt. does nothing

Why Are Petrol Prices on the Rise?

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

Why Are Petrol Prices on the Rise?

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.

The other high cost of inflation

'Housing prices aren't coming down any time soon'

Housing Ministry dir-general: Anyone who promises a price drop is lying. Interior Minister: We marketed 100 thousand apartments.

'Housing prices aren't coming down any time soon'

Survey:

Most Israelis don't believe government will lower cost of living

Survey shows majority of Israelis have lost faith in government promises to lower cost of living, believe Israelis need to stage protest.

Most Israelis don't believe government will lower cost of living

Likud MK: 'Every family is paying thousand more than it used to'

'Government raised prices of basic products, hasn't fought a single monopoly,' Likud MK Eli Cohen accuses.

Likud MK: 'Every family is paying thousand more than it used to'

Rabbi compares Finance Minister Liberman to Haman

Rabbi Bergman condemned cuts that will severely impact haredi families. "In every generation they rise up against us."

Rabbi compares Finance Minister Liberman to Haman

60% of Israelis don't believe govt will reduce cost of living

64 percent of Israelis polled said they are cutting back on food purchases; half of those polled want government to cut VAT.

60% of Israelis don't believe govt will reduce cost of living

Liberman:

'Yisrael Katz doesn't know what he's talking about'

Finance Minister responds to criticism of economic plan meant to lower cost of living.

'Yisrael Katz doesn't know what he's talking about'

Meretz to Bennett: The economic plan is insufficient

Meretz says that the plan to reduce the cost of living deprives vulnerable populations.

Meretz to Bennett: The economic plan is insufficient

Cost of public transportation to rise? Haredi MK issues warning

Haredi cities can create their own bus system, if prices of public transportation rise, MK Uri Maklev says.

Cost of public transportation to rise? Haredi MK issues warning

Economy Minister defends plan to lower costs amidst criticism

Economy Minister Barbivay defends plan for lowering taxes, lowering prices of consumer goods and electricity, amidst rising cost of living.

Economy Minister defends plan to lower costs amidst criticism

Price of public transportation to rise?

New reform would streamline price of public transportation, raising prices in periphery, haredi cities.

Price of public transportation to rise?

Plan to reduce cost of living will cut electricity price hike

PM Bennett, Finance Min. Liberman, expected to announce cut to electricity price hike, but leave gas price untouched.

Plan to reduce cost of living will cut electricity price hike

'Violence against haredim is a direct result of incitement'

Haredi MK Eichler slams Finance Min. Liberman for blaming haredim for high cost of living, says incitement causes violence against haredim.

'Violence against haredim is a direct result of incitement'

Finance Minister blames high cost of living on haredi community

Finance Min. Liberman says high cost of living is caused by haredi men studying Torah instead of working.

Finance Minister blames high cost of living on haredi community

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.

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