The increase in the CPI was driven by significant price increases in several sectors, including fresh produce, culture and entertainment, food, transportation and miscellaneous.
Workers will get an 11% raise over the next four years, reduced working hours and a one-time grant
Inflation is another factor pushing up rents, with a clear pattern of substantial rent increases emerging.
Finance Minister Bezalel Smotrich can keep claiming that the reform strengthens the economy, but it's very difficult to dispute current financial figures.
Finance minister: “The daycare centers will not be more expensive for parents by one shekel, we will absorb the costs."
Charities increase requests to NGOs by 37% in the past three months
Is the BoI making the right call in using yet another interest rate increase to handle Israel's inflation?
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