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PanetEconomy

Israelis Spend Over $900,000 in Single Minute Before Jewish New Year

Translated & summarized from Panet by baba

CommunityNeutral tone

Arabic · 3 newsrooms covering

Israeli consumers spent over NIS 3.44 million in a single minute just before the Jewish New Year holiday. Total spending on the eve of the holiday increased by 2.7% compared to the previous year, reaching NIS 459.06 million.

The story in 4 lines · by baba

  • Israelis spent over NIS 3.44 million in one minute before the Jewish New Year.
  • Credit card spending rose 2.7% compared to last year's holiday eve.
  • Peak purchasing occurred just before 11 AM on Friday.
  • Over 18,000 transactions were processed in the busiest minute.

Israeli consumers made extensive purchases in the final hours before the Jewish New Year holiday. Data released by Shva, the developer and manager of Israel's national debit card payment system, indicated a slight increase in credit card spending compared to the eve of the holiday last year. Between 8:00 AM and 11:00 AM on Friday morning, total spending across payment systems reached NIS 459.06 million, a 2.7% rise from NIS 446.77 million spent during the same period on the eve of Rosh Hashanah in 2025.

The peak of purchasing activity occurred just before 11:00 AM. The busiest minute was recorded at 10:56 AM, during which Israelis spent over NIS 3.44 million (approximately $930,000) in just 60 seconds. This peak minute saw more than 18,000 credit card transactions.

The data highlights a surge in consumer activity as Israelis prepared for the holiday, with a significant portion of spending concentrated in the hours leading up to the holiday's commencement.

PanetArab · Arara

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Mentioned

Full coverage · 3 outlets
First: Israel National News · Sep 11

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