Israeli Consumer Spending Hits Record High During High Holidays
Translated & summarized from Arutz Sheva by baba
The story in 5 lines · by baba
- Israeli credit card spending hit a record 53.252 billion shekels in September 2026.
- Average daily spending reached a record 1.775 billion shekels during the High Holidays.
- Online purchases also set a new record with 1.032 billion shekels daily.
- Spending increased 6.2% compared to the previous year.
- This is the fourth consecutive month of high daily spending.
Israeli consumers significantly increased their spending in September 2026, driven by the High Holidays, according to data from Shva (Automated Banking Services). Total credit card expenditures reached 53.252 billion shekels, a 6.2% increase from the same period in the previous year. This surge pushed the average daily spending to a record 1.775 billion shekels.
Online purchases also saw a record high, with the average daily spending on e-commerce transactions reaching 1.032 billion shekels. The total credit card spending in September represented an increase of over 3.12 billion shekels compared to September 2025, when expenditures amounted to 50.132 billion shekels.
The data indicates that the holiday season not only maintained the high spending levels seen in recent months but also set new records. The average daily spending in September was 1.7% higher than in August 2026, surpassing the previous daily record set in July 2026. This marks the fourth consecutive month where average daily credit card spending has exceeded 1.7 billion shekels, highlighting robust consumer activity.
The record in online shopping is particularly noteworthy, with over a billion shekels spent daily on e-commerce during the holiday month. This surge in online activity, alongside overall spending increases, signifies the highest level of digital commerce recorded.
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