Israeli Consumer Basket Prices Soar 20% Over Four Years
Translated & summarized from Al-Shams by baba
A study from Tel Aviv University found that the price of a basket of 80 products rose by nearly 20% between September 2022 and August 2026. This price increase accelerated significantly compared to the previous four years. Specific items like chocolate bars and cheese borekas saw much larger price jumps. The cumulative effect of these rising costs can impact household budgets for essential expenses.
The story in 5 lines · by baba
- A basket of 80 products saw prices rise nearly 20% between September 2022 and August 2026.
- The price increase is a significant acceleration compared to the 4.3% rise in the prior four years.
- Online shopping costs for the basket increased by 19%, while discount stores saw a 14.5% rise.
- Specific items like a 100g chocolate bar jumped 78% and cheese borekas rose 31%.
- Price increases varied by supermarket chain, with Shufersal Sheli and Fresh Market seeing the highest hikes.
A basket of 80 common products saw its price increase by nearly 20% between September 2022 and August 2026, according to a study attributed to researchers at Tel Aviv University's Coller School of Management. This represents a significant acceleration compared to the 4.3% price hike observed in the four years prior. The study analyzed price data from approximately 700 branches of major supermarket chains, factoring in sales and discounts. Online shopping saw a similar 19% cost increase for the basket, while discount stores experienced a 14.5% rise. However, price increases varied considerably between chains. "Shufersal Sheli" and "Fresh Market" recorded the highest jump at 19.6%, while "Rami Levy" and "Yochananov" saw increases of 10.3% and 8.5% respectively. Among specific items, a 100-gram "Para" chocolate bar's price surged by approximately 78%, and cheese borekas increased by about 31%. The study emphasizes that these figures do not imply uniform price hikes across all products or stores. For consumers, the cumulative effect of these price increases on frequently purchased items can reduce disposable income available for housing, transportation, and other necessities. The article notes that it remains necessary to compare prices in local stores, particularly in Arab towns, to understand if these increases affect all consumers similarly, as differences between chains do not automatically reflect individual consumer spending.
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