Articles

The data of the Central Bureau of Statistics (CBS) show that the average salary for an Israeli salaried position in April of this year was NIS 12,622, an increase of about 4.7% compared to April 2022 - similar to the inflation rate. Thus the average salary for a salaried position at constant prices (deducted by the price index to the monthly consumer) decreased by 0.2% relative to April of last year and stood at NIS 10,874

The Central Beverage Company (Coca Cola Israel) will pay an administrative fine of NIS 36.4 million after abusing its monopolistic position in the beverage market. This is according to the final calculation of the fine approved by the head of the competition court, Judge Tamar Bezek-Rappaport. The original fine imposed in 2019 was NIS 39 million. The ruling indicates that the Competition Tribunal accepted the commissioner's position regarding six law-breaking practices, which constitute an abuse of monopolistic power, which the company has taken over the years

A booking site has begun to present a full price including VAT to Israeli consumers who purchase hotel accommodation and vacations in Israel. This was after a legal proceeding conducted by the Consumer Protection and Fair Trade Authority against the successful international site, which also included a NIS 2.5 million fine already in 2017

After a stormy night, crowds demonstrate on Thursday against the legal revolution in front of the homes of the coalition members across the country, in what they call the "Night of the Partners". Crowds are already in front of the homes of Gila Gamaliel, Yariv Levin, Yoav Galant, Avi Dichter, Nir Barkat, Yuli Edelstein, Miki Zohar Yitzhak Weserlauf, David Bitan, Moshe Saada, Moshe Arbel, Zvika Fogel, Boaz Bismuth, Amichai Shikli, Amir Ohana, Hanoch Milbitsky and Ofir Akunis

In March Israel moved for the first time from June to an annual deficit in the state budget that increased in April, since then the trend has been a consistent increase in the deficit. In June, the rate of the deficit in relation to GDP in the last 12 months was already 0.9%, which is NIS 15.4 billion. In June, a deficit of NIS 6.2 billion was recorded compared to a deficit of NIS 1.5 billion in May last year. This is according to the data of the Accountant General at the Treasury published today (Sunday). Since the beginning of the year, there is still a surplus of NIS 6.2 billion, which...

After four years of studies in which the Ministry of Education made attempts to reduce parents' payments, subsidize some of them and prevent their increase, on Monday he announced that he was canceling the plan to subsidize parents' payments for all students. As a result, the parents' payments to the schools will increase by NIS 20 per student already in the next academic year and are expected to continue to increase in the years to come

No less than 52% of the companies in the high-tech service industries reported in the first half of 2023 a reduction in personnel compared to the first half of 2022. This is according to the data of the Central Bureau of Statistics published on Monday. The company managers were also asked about the main cause of the economic damage to their company in the last six months. According to the CBS, the most significant cause of the damage was a decrease in demand for their company's product (about 36% of the companies defined it as such), followed by difficulties in raising venture capital...

Big Group announced that it will not force the tenants to close their businesses. After the new announcement, the company's share rose by about a percent after yesterday falling by 2.7%. Contrary to rumors, Big stands behind her decision," the company claimed and added: "When preserving democracy is the basis of her decision, Big stands behind her announcement. At the same time, as many as there are tenants in the centers who ask to open, she will respect their wishes and will not prevent them from doing so. In order to encourage tenants to participate in the strike, stores that will join...

Hours after the cancellation of the probable cause was approved in the first reading, demonstrations and blockades began throughout the country, among other things at all entrances to Jerusalem, the coastal road, road 4, and the Ayalon routes: "This is just the promo." A vehicle was recorded speeding toward protesters on Route 531 - and running away from the policeman who tried to stop it. MDA: "Significant delays in the movement of the ambulances, they want to allow them to move freely

Data published by the Central Bureau of Statistics (CBS) indicate that last May 2,180 new apartments were sold, although an increase of 46.8% compared to the low in April 2023 that resulted from the Passover holiday, but excluding seasonality this figure is about 2,230 apartments, a decrease of 7.6% compared to the previous month. Compared to April last year, this is a decrease of a little less than 50%, since the number of new apartments sold this month was about 4,000. The CBS states that an examination of the trend data shows that from August 2021 to May 2023, there was a decrease of...