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Israel's consumer price index for September has dropped by 0.1% compared to August, leading to a decrease in the annual inflation rate from 4.1% in August to 3.8%. The unexpected drop in inflation is bolstering expectations that the Bank of Israel will not raise interest rates at its upcoming October meeting, taking into account the slowing inflation and the economic impact of the recent conflict.

75% of the Jewish public in Israel purchases products from sites in Israel and abroad, according to a new survey conducted by the Israel Post Company ahead of the shopping holidays. The survey was conducted through the Shiluv I2R Research Institute in November 2019, in a national sample of 506 men and women from the adult Jewish population. By using the iPanel Internet Surveillance Panel, which covers 130,000 people, and the largest in Israel, 78% of shoppers on the various trade sites intend to order NIS 617 on average during the holiday season, twice the normal holiday. 11 when 65% of...

The average wage in Israel increased in September 2021 compared to the corresponding period in 2020, even though the number of jobs in the economy also increased. This shows that the anomalous situation that characterized the corona crisis - an abnormal increase in the average wage due to the waves of dismissals - is changing and there is a real increase in the average wage. This may be because of the high demand for workers, which creates pressure on employers to raise wages. The average wage of workers in Israel in September was NIS 11.6 thousand per month. This is a decrease of about 1%...

First Sergeant (res.) Raphael Coudres, 39 years old from the Hadassah Fortress, died today (Thursday) of his wounds, after being fatally injured yesterday in the incident of the fall of the UAV in Khorefish in the north of the country. Coudres served as the coordinator of tradition and spirit in the 5030 battalion, in the Alon Brigade (228). In addition , in the same incident a reservist was seriously injured

The Accountant General at the Ministry of Finance, CPA Yali Rotenberg, published the first estimate of the debt-to-GDP ratio for 2022, according to which the public debt-to-GDP ratio for last year decreased by 7.1% and amounted to only 60.9% compared to 68% in 2021. Meaning: this is still At a slightly higher rate than it was before the coronavirus in 2019, but still at the largest-ever decrease in state debt in one year

The US House of Representatives this evening (Thursday) approved by a majority of 420 supporters against nine to provide Israel with a total of $ 1 billion in aid for the purpose of equipping interceptors and Iron Dome batteries. The bill will go to a Senate vote and then pass to Biden for approval. The law has won support from all parts of the House - Democrats and Republicans. Of the few opponents, eight were Democrats - most of them progressives known for their opposition to American aid to Israel - and one Republican. Opposing Republican Thomas Massey explained on Twitter: "My 'no to...

There was a significant increase in 2020 in the number of working days lost to the Israeli economy as a result of strikes - 391,000 working days lost compared to only 110,000 working days lost in 2019. However, the number of strikes in the economy decreased last year, because strikes in 2020 were much longer, on average. New data published by the Labor Relations Unit in the Ministry of Economy shows that in 2020, which was entirely in the shadow of the Corona plague, there were "only" 31 strikes in Israel compared to 45 strikes in 2019

Representatives of Israel abroad begin voting - for the second time in 5 months: 13 days before Election Day in Israel, and there are those who are already throwing a ballot. Over 5,000 Israeli voters who are abroad due to their work will elect their representatives for the 22nd Knesset. The last time they took part in the democratic process was only last April, so the elections were held for the 21st Knesset. State employees and representatives of national institutions serving abroad may elect to represent the country in which they serve. Among the voters: civil servants (including...

In a daring nighttime operation, the United States military announced that its destroyer, the USS Mason, successfully rescued the tanker "The Central Park" in the Gulf of Aden. The vessel, owned by the British company Zodiac Maritime and operated by Israeli billionaire Eyal Ofer, had reportedly fallen prey to an "unidentified force" in the strategically significant region