Inflation
Nearly NIS 800 for a family outing: Israel’s Hanukkah Festigal ticket prices skyrocketing
Four full-price tickets to Festigal, an annual children’s musical, would cost NIS 796 this year. Discounts through membership programs reveal large gaps in what families could pay.
Middle East conflicts, energy supplies, to dominate IMF-World Bank meetings in Thailand
Middle East economy to shrink 2.1% in 2026, Gulf economies by 4.3%, World Bank forecasts
OECD cuts Turkish economic growth forecast to lowest rate since 2020 amid Iran war, rising prices
Germany enters recession after economy contracts slightly in first quarter
The first estimate had shown GDP stagnating in the first quarter and Germany skirting a recession. However, it contracted following a contraction in 2022.
Israeli Consumer Price Index rises 0.8%, almost double the forecast
A series of Israeli companies and importers have announced significant price hikes in recent weeks.
'We can't afford anything': Turkey's cost-of-living crisis threatens Erdogan's re-election
A cost-of-living crisis sparked by Erdogan's unorthodox economic program over the past 1-1/2 years has eroded his popularity
Iranians sell organs abroad due to regime ‘corruption' - report
Iran expert Beni Sabti said that high prices and inflation are forcing Iranians to sell their organs and sometimes even their children.
Rising inflation threatens Eid al-Fitr celebrations in Pakistan
Pakistan's inflation rate jumped to 35.4% in March 2023—the highest it has been in almost 50 years.
Netanyahu, Herzog reached out to Moody's before credit outlook downgrade
If Israel's credit rating drops, Israel can expect a higher interest rate on short-term loans and inflation.
Russia fools us economically, their statistics are a collection of lies - opinion
When strict sanctions were imposed on Russia at the start of its invasion of Ukraine, the Russian economy was expected to plunge by some 10-15% during 2022.
Pakistan posts highest-ever annual inflation, stampedes for food kill 16
The inflation number was the highest ever year-on-year increase recorded by the statistics bureau since monthly records began in the 1970s.
CPI continues to climb, will likely result in harsher BoI interest rates
The increase in the CPI was driven by significant price increases in several sectors, including fresh produce, culture and entertainment, food, transportation and miscellaneous.
Israel reaches public service wage deal amid inflation worries
Workers will get an 11% raise over the next four years, reduced working hours and a one-time grant
