Inflation

Inflation and housing prices show continued declines in Israel

Housing prices declined 1.3% over the past year, oil prices fell following the Iran agreement, and the dollar recovered after an early drop.

Israeli real estate – construction site.
Matan Shitrit, Chief Economist at Phoenix Financial

Israel against the current

Matan Shitrit, Chief Economist at Phoenix Financial

Israel’s inflation dynamics remain under control

 A participant stands near a logo of the World Bank at the International Monetary Fund - World Bank Annual Meeting 2018 in Nusa Dua, Bali, Indonesia, October 12, 2018

World Bank warns of 16% rise in commodity pricing over Hormuz closure


Iran's economy: World's 11th-largest GDP is strong but in crisis

Iran is home to strong universities, advanced technology, and innovative start-ups. And a giant economy and population, whose size alone makes it formidable. 

 People at a co-working space in Tehran.

Iranian currency falls to record low amid isolation and sanctions

Iran's central bank governor Mohammad Reza Farzin on Saturday blamed the fall of the rial on "psychological operations" which Tehran says its enemies are organizing to destabilize Iran.

Iran's national currency along with US currency.

Bank of Israel worried looser fiscal policy may prevent inflation easing

Prime Minister Benjamin Netanyahu has promised hefty state spending that includes higher subsidies to coalition partners.

 View of Bank of Israel main offices in Jerusalem, on January 2, 2023.

50-year-old man has 60 kids - and wants more

The man petitioned local authorities to donate a bus for him to transport his large family.

Babies (Illustrative)

Pakistan’s economic crisis worsens with no end in sight

Experts say no government has chosen a solid policy to improve the condition of citizens.

People wait their turn to get fuel at a petrol station, in Karachi, Pakistan, June 2, 2022.

Bank of Israel interest rate increases by an additional 0.5%

A further increase in the interest rate may reduce the effects of inflation, but it will have a negative impact on the recipients of loans and mortgages.

 The Bank of Israel building is seen in Jerusalem June 16, 2020. Picture taken June 16, 2020.

Finding hope for the new year - opinion

Reflecting on the good and the bad of the last year and voicing hopes for 2023.

 22222 clock

What happened in the global economy during 2022? - summary

Inflation ran rampant, stock market screens turned red, crypto crashed, tech stocks wiped out trillions and the global economy appears to be heading into recession: A 2022 global economy recap.

 A trader works on the floor of the New York Stock Exchange, where stocks plunged to a bear-market low.

People with junior positions in tech should not be overlooked - opinion

Those who want to be involved in the industry and grow, must give the extra mile, and show output and potential.

 A SOFTWARE engineer at Asgard Systems develops an interface for military simulation in a computer game.

Israel inflation rate seen at 14-year high of 5.3% in November

Israel's budget is currently in surplus but prime minister-designate Benjamin Netanyahu has promised to freeze electricity and other costs.

 New Israeli Shekel banknotes and coins are seen in this picture illustration taken November 9, 2021.