Cost Of Living

News for Cost Of Living

Living in the red – dangerous money?

Living in the red – dangerous money?

With high prices of living, increasing numbers of Israelis live most of their life on credit - but are they aware of the long-term risks?David Samuel, 27/07/2016 13:03
Parents protest summer camp prices

Parents protest summer camp prices

Kaytana, or summer camp, can cost nearly half a minimum-wage monthly salary for just three weeks.Tova Dvorin, 03/06/2016 10:59
Why are Israeli farmers destroying their produce?

Why are Israeli farmers destroying their produce?

While social activists and politicians call for reducing food prices, some Israeli farmers are destroying their produce to keep prices high.David Rosenberg, 10/04/2016 10:44
20,000 Chinese Workers to Bring Down House Prices

20,000 Chinese Workers to Bring Down House Prices

Finance Ministry says Chinese builders work 50% faster than others; PM announces move as gov't seeks to tackle rising living costs.Arutz Sheva Staff, 20/09/2015 16:48
Israel to Return to Days of High Cellphone Costs?

Israel to Return to Days of High Cellphone Costs?

High-cost Cellcom may buy discount Golan Telecom in a move which consumers fear will drive up cell phone service prices.Moshe Cohen, 27/08/2015 11:49
Critics: Kahlon Plan To Make Homes More Expensive

Critics: Kahlon Plan To Make Homes More Expensive

Government votes to raise purchase tax, but will this make housing cheaper for Israelis? Depends on whom you ask.Moshe Cohen, 14/06/2015 20:48
'Housing Czar' Kahlon Ready to Take On Home Prices

'Housing Czar' Kahlon Ready to Take On Home Prices

Finance Minister Moshe Kahlon unveiled the first segment of his plan to lower housing costs in Israel.Moshe Cohen, 10/06/2015 20:35
Report Fingers High-Earning 'Fat Cat' Bankers

Report Fingers High-Earning 'Fat Cat' Bankers

A report in business daily Globes concluded that the nine best paid bankers earned NIS 52.2 million ($13 million) between them in 2014.Moshe Cohen, 01/04/2015 21:19
Minimum Wage to Be Raised to 5,300 Shekel

Minimum Wage to Be Raised to 5,300 Shekel

Fourth stage of gradual minimum wage raise program announced Monday, will take effect in 2017.Yishai Karov and Tova Dvorin, 30/03/2015 20:59
Haredi Stores More Expensive for Passover

Haredi Stores More Expensive for Passover

Myth that haredi grocery stores are cheaper shattered by Army Radio study, which finds that even matzah is more expensive at Osher Ad.Tova Dvorin, 29/03/2015 08:24
Could Gas Price Jump Affect Elections?

Could Gas Price Jump Affect Elections?

After four straight months of falling gasoline prices, the party appears to be over for Israeli drivers. Will it affect how they vote?Moshe Cohen, 22/02/2015 20:09
Netanyahu, Lapid Snipe At Each Other Over Housing

Netanyahu, Lapid Snipe At Each Other Over Housing

State Comptroller to release report assigning responsibility to both men – as well as to Ehud Olmert – for rise in real estate values.Moshe Cohen, 22/02/2015 17:37
Report Indicates Milk Consumers Are Being Milked

Report Indicates Milk Consumers Are Being Milked

Consumers in Israel pay more for milk, but an Agriculture Ministry study shows that production costs in Israel and the EU are very similar.Yaakov Levi, 22/02/2015 17:30
Prices Deflate 0.3% in January, as Trend Continues

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.Yaakov Levi, 16/02/2015 01:15
Likud: Kahlon's Successes Are Ours, Too

Likud: Kahlon's Successes Are Ours, Too

The Likud for the first time responded to claims by Moshe Kahlon that he single-handedly reduced the cost of cellphone service.Moshe Cohen , 04/02/2015 16:52
Kahlon: Choose Reform Instead of Easy Solutions

Kahlon: Choose Reform Instead of Easy Solutions

Kulanu Chairman Moshe Kahlon tells high school students that raising taxes is an easy solution that doesn't address Israel's real problems.Cynthia Blank, 19/01/2015 17:43
MKs Slam Kahlon's Claims on Cost of Living

MKs Slam Kahlon's Claims on Cost of Living

Moshe Kahlon's claims he lowered cell phone costs, but it was really Netanyahu who was responsible, says MK Miri Regev.Moshe Cohen, 15/01/2015 10:40
Israelis Fed Up with Poverty, Corruption

Israelis Fed Up with Poverty, Corruption

1/3 of Israelis facing financial difficulties, 42% believe government is corrupt - but overwhelming majority, including Arabs, patriotic.Shlomo Pitrikovsky and Tova Dvorin, 04/01/2015 11:03
Housing Ministry Unveils Plan for Cheaper Housing

Housing Ministry Unveils Plan for Cheaper Housing

The Housing Ministry announced a new plan in which the state would be the guarantor for construction of apartments.Yaakov Levi, 01/01/2015 01:15
Kahlon's Party to Focus on Cost of Living, Housing

Kahlon's Party to Focus on Cost of Living, Housing

'The concept of 'monopoly' needs to disappear,' former Likud minister states, in remarks over plans for his new political party.Tova Dvorin, 03/12/2014 15:53
Nearly 2/3 of Israelis are Often Overdrawn

Nearly 2/3 of Israelis are Often Overdrawn

Shocking figures reveal many Israelis living constantly in the red; Bank of Israel wants to know why.Hillel Fendel, 03/11/2014 15:27
Top 10% Make 8.5% More Than Bottom 10%: CBS

Top 10% Make 8.5% More Than Bottom 10%: CBS

Israel's poor are not getting ahead - but they are not falling behind, either, new numbers from the Central Bureau of Statistics show.Moshe Cohen, 29/10/2014 16:12
Herzog: Lapid a 'Human Shield' For PM's Decisions

Herzog: Lapid a 'Human Shield' For PM's Decisions

Opposition leader claims Netanyahu's business deals, placement of Lapid as minister are 'political ploys' that hurt the people .Tova Dvorin, 27/10/2014 21:22
Moshe Kahlon Leaves Likud to Form New Party

Moshe Kahlon Leaves Likud to Form New Party

Former minister officially cancels Likud membership in move needed to start new Knesset party, after Monday announcement.Ido Ben-Porat, Ari Yashar, 21/10/2014 19:12
Kahlon Vows to Fix Cost of Living When He Returns

Kahlon Vows to Fix Cost of Living When He Returns

Former minister reiterates intent to form new party, says cost of living 'needs to be dealt with.'Hezki Baruch, 20/10/2014 19:22
Man Behind Berlin Campaign 'Shocked' at Uproar

Man Behind Berlin Campaign 'Shocked' at Uproar

25 year-old from Tel Aviv area revealed to be man behind emigration campaign; says he simply wanted to point out cost of living gap.Tova Dvorin, 19/10/2014 00:09
Protest Head: Lapid Destroyed Chances to Buy Homes

Protest Head: Lapid Destroyed Chances to Buy Homes

Head of Facebook campaign urging Israelis to move to Berlin fires back at Finance Minister who criticized the campaign.Ben Ariel, 08/10/2014 05:13
Knesset to End Price-Fixing on Vegetables, Chicken

Knesset to End Price-Fixing on Vegetables, Chicken

MKs work to close legal loophole allowing stores, venders to collaborate on prices of farm products.Maayana Miskin, 06/03/2014 08:02
Liberman: Give State Discounts for Young Parents

Liberman: Give State Discounts for Young Parents

Foreign Minister Avigdor Liberman pushes VAT exemption for young apartment buyers, IDF vets; also subsidized daycare.Tova Dvorin , 05/03/2014 20:31
Bennett: Cost of Living – The Most Important Issue

Bennett: Cost of Living – The Most Important Issue

Minister of Economy takes on industrialists upset by his pro-competition measures.Maayana Miskin, 16/02/2014 15:07
'Our Children Have No Future'

'Our Children Have No Future'

Protests erupt in Tel Aviv's Rabin square against high cost of living; local Israelis joined by MKs, actors in public outcry.Tova Dvorin, 19/01/2014 10:37
Analyst: Farmers’ ‘Cartels’ Mean Israelis Pay More

Analyst: Farmers’ ‘Cartels’ Mean Israelis Pay More

Analyst: Israelis pay 25% more due to powerful agricultural lobbies. The solution is simple – but won’t be easy.Maayana Miskin, 12/01/2014 13:25
Bank Fees Down in 2013

Bank Fees Down in 2013

Bank of Israel report lists banks with the highest, lowest fees for 2013.Maayana Miskin, 02/01/2014 16:07
Bennett Takes On Café Price-Fixing

Bennett Takes On Café Price-Fixing

Minister of Economy reacts to report that Israeli coffee chains agreed not to lower prices in face of competition.Maayana Miskin, 10/10/2013 16:09
Bennett: Imports Will Bring Down Cost of Living

Bennett: Imports Will Bring Down Cost of Living

The government promised lower prices, and on Monday it will try to begin to fulfill its promise.David Lev, 25/08/2013 21:58
Netanyahu to Port Unions: The Monopoly is Over

Netanyahu to Port Unions: The Monopoly is Over

Netanyahu, Lapid and Katz announce opening of two new ports. ‘2,000 men can’t shut down the country anymore.’Maayana Miskin, 03/07/2013 14:01
'In Case You Missed it – Cottage Cheese Cheaper'

'In Case You Missed it – Cottage Cheese Cheaper'

Finance Minister takes pride in reduced price of cottage cheese. High prices sparked 2011 boycott movement.Maayana Miskin, 02/07/2013 11:18
Minister: Don’t Buy New Cars! Prices to Drop

Minister: Don’t Buy New Cars! Prices to Drop

Transportation Minister tells Israelis not to buy new cars. ‘Wait until we break import monopoly.’ Maayana Miskin, 30/04/2013 16:58
Bennett: Cost of Living Already Coming Down

Bennett: Cost of Living Already Coming Down

Economics Minister Naftali Bennett on Sunday was named as chairman of a ministerial committee to reduce the cost of living in IsraelDavid Lev, 28/04/2013 22:36
Bennett Cuts Price of Bread

Bennett Cuts Price of Bread

Price of plain white bread to fall for the first time in four years.Maayana Miskin, 09/04/2013 18:26
Bennett’s First Speech: ‘Fearless Leadership’

Bennett’s First Speech: ‘Fearless Leadership’

Naftali Bennett takes on tycoons, unions and the Rabbinate in his first Knesset speech, and calls for “fearless leadership.”Maayana Miskin, 12/02/2013 20:27
Steinitz Slams Media: ‘Truth’ a Forgotten Word

Steinitz Slams Media: ‘Truth’ a Forgotten Word

Finance Minister Steinitz slams Israel's mainstream media dishonesty, particularly over social protests and US-Israel relations..Maayana Miskin, 21/09/2012 10:39
Government Ads: We Lowered Cost of Living

Government Ads: We Lowered Cost of Living

As ‘social justice’ protests continue, government unveils ads revealing drop in the cost of living.Maayana Miskin, 21/08/2012 21:47
Tel Aviv Ranked Middle East's Most Expensive City

Tel Aviv Ranked Middle East's Most Expensive City

Tel Aviv is the Middle East’s most expensive city and the 31st most expensive city in the world for expats, a cost of living survey says.Tzvi Ben Gedalyahu, 12/06/2012 13:55
Gas Price Goes Up – but Only to 8.00 NIS

Gas Price Goes Up – but Only to 8.00 NIS

Netanyahu and Steinitz reduce excise tax by 15 agorot per liter, price rises to 8.00 NIS, not 8.15 as planned.Gil Ronen, 31/03/2012 21:16
Trajtenberg: Israelis Not Feeling Growth

Trajtenberg: Israelis Not Feeling Growth

Trajtenberg says successive governments let prices skyrocket, leaving Israelis facing the same struggles despite economic growth. Maayana Miskin, 04/10/2011 16:01
MK: Hareidim Won't Accept Trachtenberg Plans

MK: Hareidim Won't Accept Trachtenberg Plans

The Trachtenberg committee has plans for the economy, but Hareidim, who feel they are unrepresented, may reject them.David Lev, 23/08/2011 21:47