cost of living in israel

Local municipalities can request an exception to the updated rate set by the Interior Ministry, meaning some could charge an even higher rate if they receive approval.

"It is inconceivable that the concern for the PA and terror funds that it pays to families of terrorists will be more important than the citizens of Israel," Smotrich wrote.

The proposal's main goal is to adopt EU regulations in additional areas of food safety, including regulations regarding what information must be provided to consumers.

This move is expected to dramatically reduce the cost of living in Israel and create a structural change in the Israeli market.

The advert suggested that the cost of living in America was so high because funds needed to be set aside for "killing Palestinians."

As a result of the change, the average electricity bill will increase by about NIS 10 per month.

The Finance Ministry seeks to scrap VAT exemption on overseas purchases, for a potential increase of NIS 3 billion in revenue; Israeli retailers welcome the move, but what about the citizens?

Here's a closer look at the key factors influencing the Israeli economy as highlighted in August’s Index.

Expenditure on public consumption rose by 3.8% in the second quarter, while defense consumption fell by 1.5%.

Since Monday, Carrefour has marked 26 products in its stores in France with labels reading, "This product has seen its volume or weight fall and the effective price by the supplier rise."