Accountant General: Houthi disruptions will raise prices at most by 1%

The disruptions to global shipping caused by the Iran-backed Houthis in Yemen will lead to at most a 1% increase in prices for consumers in Israel, the Accountant General said on Monday, according to KAN news.

The disruptions have caused increases in shipping prices, with the Accountant General estimating that maritime freight prices will rise to 160% in the most extreme scenario.