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Gad Lior
Israel's inflation climbs to 3.8%; consumer price Index rises 0.6% in January
CPI surged in January amid early 2025 price hikes; housing prices rose 0.4% in Nov-Dec, with a 7.3% annual increase, down from 7.8% last month; new home prices climbed 0.7%
Gad Lior, Hila Tsion
|
02.14.25
Greece poised to replace Turkey as Israel’s closest trade ally
Israeli delegation returns from Athens with plans to triple trade volume, marking Greece as a key economic ally amid fallout from Turkey-Israel tensions
Gad Lior
|
01.23.25
Trump term to have significant impact on Israel's economy
Isolationism and America First policies may impact Israeli exports of advanced technologies and drugs but geopolitical changes could open new markets and increase cooperation
Gad Lior
|
01.21.25
Deal talks strengthen shekel: Dollar-shekel exchange rate at 3.63
Amid progress in talks to release the hostages, the shekel strengthens against foreign currencies; The dollar fell to around 3.63 shekels, the euro trades at 3.72 shekels
Gad Lior
|
01.14.25
Israel prepares major bond offering to tackle wartime budget deficit
Finance Ministry plans multi-billion-dollar international bond issuance to address budget deficit, leveraging improved market conditions after recent geopolitical shifts; move follows March’s $8B offering, which saw strong global demand
Gad Lior
|
01.08.25
Bank of Israel holds interest rate at 4.5%, citing inflation concerns and geopolitical instability
Central bank's updated forecasts for 2025 project economic improvement and a potential rate reduction of 0.25–0.5%; Governor Yaron warns against premature cuts
Gad Lior
|
01.06.25
Tel Aviv Stock Exchange trading shifts to Monday-Friday in 2026
The Tel Aviv Stock Exchange will shift trading days to Monday through Friday by 2026, in order to align with global standards; The move aims to attract foreign investors, improve market accessibility, increase liquidity, and include Israeli stocks in leading international indices
Gad Lior, Navit Zomer
|
12.30.24
Netanyahu recovers from surgery as government crisis deepens, threatening new elections
The Haredim are threatening to oppose the budget if the draft exemption law is not advanced, and Minister of National Security Itamar Ben-Gvir continues to threaten that members of his faction will also oppose it; If the government is unable to pass a budget for next year then the Knesset is dissolved automatically and goes to new elections
Yuval Karni, Gad Lior, Shilo Freid
|
12.30.24
Houthi missile attack on central Israel school results in 40 million shekels in damage
Missile caused heavy damage to the elementary school near Tel Aviv, despite being 'partially intercepted'
Gad Lior
|
12.22.24
Fitch issues positive outlook on Israeli economy amid northern cease-fire
International credit rating agency notes truce could ease government spending burdens, but 'developments in Gaza and with Iran will still play an important role in determining Israel’s fiscal and economic trajectory'
Gad Lior
|
11.28.24
Increases to defense budget to cost Israeli households thousands
Average annual cost per household due to a 10 billion shekel increase is estimated at around 4,000 shekels ($1,000) per year, bringing higher taxes, reduced public services, finance ministry says
Gad Lior
|
11.11.24
Government approves Israel's 2025 state budget
Ministers pass new budget marked at NIS 607.4 billion in a 23-7 majority vote following hours of intense discussions; opposition criticizes budget as selective and harmful
Gad Lior, Itamar Eichner, Moran Azulay
|
11.01.24
As war in Lebanon drags on, economic growth projections turn sour
Facing economic turbulence, Israel's 2024 growth forecast slashed to 0.4% amid ongoing conflict, marking a significant downgrade; Government urged to revise the budget to support growth, focusing on rebuilding northern and southern regions
Gad Lior
|
10.29.24
NIS 25 million in 10 seconds: The cost of Hassan Nasrallah assassination
Israel's war on northern front has cost some 25 billion shekels since the beginning of September, partly due to the use of expensive munitions; rising expenses will require the government to increase the defense budget
Gad Lior
|
10.20.24
Israeli shekel surges on reports of Sinwar's death
Dollar drops by nearly 0.75% in after-hours trading, settling at around 3.73 shekels; Israeli currency gains approximately 1.4% against euro to trade at around 4.03 shekels
Gad Lior
|
10.17.24
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