Bank of Israel hikes key rate as weak shekel keeps inflation high
Deputy Governor Andrew Abir said the central bank was pushed to raise interest rates more than it had hoped in ...
Tag: inflation
Housing prices jump by 18%, inflation highest in 14 years
The Central Bureau of Statistics published a host of economic indicators indicating that at the current pace inflation could be as ...
US Dollar officially drops below benchmark NIS 3.1 to $1
Bank of Israel intervenes by purchasing tens of millions of dollars to stem the shekel's rise.
Consumer Price Index continues to rise, up 2.5% since January
In July August, apartments became 1.2% more expensive while the cost of fresh fruit and vegetables rose by 9.5%. However, ...
'Vaccine inequity threatens Middle East economic recovery'
IMF report warns that while outlook for some parts of Middle East and North Africa might be better than expected, ...
Feeling bite of US sanctions, Iranian economy loses $200B in 2019
"Sanctions have disadvantaged the Islamic Republic of $100 billion in oil income within the final two years and an equal ...
Bank of Israel governor: No interest rate hike for an 'extended period'
In the wake of a strengthening shekel on Wednesday, Bank of Israel Governor Amir Yaron cites a surprising easing of ...
Iranians say their 'bones' are 'breaking' under US sanctions
Despite Trump administration's campaign of "maximum pressure," some ordinary Iranians see fit to blame their own government for their woes: ...
Inflation lower than expected in 2018 but highest in 5 years
Despite the unexpectedly low inflation, it was still double that of 2017 and the highest since 2013.