The consumer price index went up 0.7% in May. The main reason for the increase was a rise in the price of fresh fruits and vegetables, which went up 10.2%. Grapes were up 40% from last season in October, and Watermelon is...
The average wage in Israel continued to rise, and stood at NIS11,004 in July, which represents an increase of 3.4% over the year before. While this is good news for the Israeli economy as a whole, most of the increase took place...
The Central Bureau of Statistics reported very mixed results in the housing sector. Builders sold 5,750 new dwellings during the first three months of 2019, which represents a decrease of 11.4% from the last three months of 2018. However, that same number...
New cars photo by kaysgeog A total of 158,000 cars were imported into Israel during the first half of 2019. This represents a drop of 3% from the first six months of 2019.  This decline continues a slow drop in the sale of...
Mortgages totaling NIS 20 billion were issued to Israelis during June of 2019. This represents a 3% increase from May and 22% more than June of 2017. Since the beginning of 2019, there has been a steady increase in the number of...
The third quarter of 2019 was another excellent quarter for Israeli start ups looking to raise money. A total of $2.24 billion was raised, making Q3 2019 the best quarter since 2013. The $2.24 billion was raised in a total of 142...
On Sunday evening, Prime Minister Netanyahu made the final decision to close Sde Dov Airport. The decision to abolish the airfield, located inside Tel Aviv along the beach, was vehemently opposed by the people of Eilat, as well as, by the Tel...
The Central Bureau of Statistics announced there were 48,310 apartment construction starts in Israel during the last 12 months. This is compared to 49,330 construction starts over the course of the previous 12 months; a drop of 2.1%. During the last 12...
Governor General of the Bank of Israel Amir Yaron Bank of Israel has lowered Israel's prime rate from .25% to 0.1%. The central bank is also putting in place a new monetary policy — i.e., three-year loans to banks at a fixed rate of .1%....
The unemployment rate in Israel is once again at its historically lowest rate — 3.7%.  The rate, which had gone up to 4.1% in July, and dropped back to 3.8% in August, went down to 3.7% in September. The only negative data...