Inflation

Iran’s rial hits historic low: Over 1.5 million rials to a dollar

Essentials such as food, medicine, and clothing have become increasingly unaffordable, while the minimum monthly wage has fallen to roughly $100.

People walk past a sign at a currency exchange as the value of the Iranian Rial drops, in Tehran, Iran, February 9, 2025
Iranian Rial banknotes over a backdrop of the Iranian flag; illustration.

Iranian rial reaches record low value, trading at over 1.5m IRR per USD

Protesters gather as vehicles burn, amid evolving anti-government unrest, in Tehran, Iran, in this screen grab obtained from a social media video released on January 9, 2026.

The divide in Iran's protests: Why ethnic minorities are not taking to the streets - opinion

Iranians protest on a main street in Tehran, December 30, 2025

Iran on the brink: Could 47 years of oppression finally end? - opinion


June brings price hikes in multiple sectors for Israeli consumers

"Since the start of the war, the big food companies have raised prices by dozens of percent," said a lobby group.

 A cart laden with groceries.

The difference between macro/micro inflation during the war in Israel

Despite inflation and government-controlled prices increasing on May 1st, Israel’s microeconomy should be stable. However, Israel’s macroeconomy will face the consequences of the war for a few years.

VARIOUS ISRAELI banknotes are displayed for an illustrative photo. The economy is well on its way to the pre-pandemic standards of budgetary discipline.

Israel-Hamas war takes toll on Israel's 2023 GDP

GDP revealed to have decreased in final quarter of 2023 as a result of conflict, revised report shows.

 A slowdown in economic activity and a sharp increase in the deficit following the injection of funds into the affected sectors

Eid in Pakistan: Elites undaunted by inflation while the working class struggles to survive

Rising inflation dampened the joy of Eid al-Fitr in Pakistan, whose economy is considered repressed, according to a Washington-based think tank.

 A man carries a baby while visiting a fair, during the second day of Eid al-Fitr celebrations, in Karachi, Pakistan April 11, 2024.

Turkey's central bank delivers bold rate hike amid inflation concerns

The sharp rate increase sparked a rally for the Turkish lira, which appreciated as much as 2%. 

 A logo of Turkey's Central Bank is pictured at the entrance to its headquarters in Ankara, Turkey February 8, 2024.

The Bank of Israel: Interest rate stands unchanged at 4.5%

Amir Yaron of the Bank of Israel extends public relief and calls for a committee to devise a multi-year defense budget plan due to economic challenges

  Governor of the Bank of Israel, Prof. Amir Yaron /

Inflation declines, credit card spending rises: BofA on Israel’s economy

The report said the general unemployment rate went up to 10.2% when the conflict started, and now it's at 7.2%, partially due to the many Israelis serving in reserves.

VARIOUS ISRAELI banknotes are displayed for an illustrative photo. The economy is well on its way to the pre-pandemic standards of budgetary discipline.

Bank Hapoalim cautions against overoptimism in economic recovery

Following last week's release of positive economic indicators, Bank Hapoalim has issued a cautionary note to investors and policymakers.

 Bank Hapoalim, Jan 29, 2024

Inflation in Israel works its way down as interest rate cut looms

As the shekel begins a climb from recent lows, analysts anticipate interest cuts upcoming, even as early as the end of November.

VARIOUS ISRAELI banknotes are displayed for an illustrative photo. The economy is well on its way to the pre-pandemic standards of budgetary discipline.

'Just lower interest rate,' Israeli lawmaker tells cbank amid conflict

Under the plan, loan payments of mortgages, consumer credit and business credit would be deferred without charging interest and without charging fees.

 BANK OF Israel headquarters in Jerusalem: Israel’s favorable environment for economic development has been accompanied by an impressive improvement in the country’s credit rating, say the writers.