Israelis Spend Less on Election Day Purchases Compared to Previous Vote
Translated & summarized from Now 14 by baba
Israelis spent an average of 202 shekels per credit card by 10 AM on election day, a 15% drop from the previous election. Food and beverages were the top purchase category, while online shopping averaged higher than in-store. Residents of the Galilee and Valleys spent the most on average.
The story in 5 lines · by baba
- Israelis spent 15% less on average by 10 AM on election day compared to 2022.
- Average credit card spending reached 202 shekels by 10 AM on election day.
- Food and beverages accounted for 59% of all credit card spending.
- Online purchases averaged 263 shekels, higher than in-store purchases.
- Galilee and Valleys residents led regional spending with 208 shekels per card.
On election day for the 26th Knesset, Israelis spent an average of 202 shekels per credit card transaction by 10:00 AM, according to data from MAX. This figure represents a decrease of approximately 15% compared to the same period during the previous election day in 2022. The holiday, often used by consumers for shopping amidst sales, saw food and beverages as the leading purchase category, accounting for about 59% of all credit card spending. Leisure and entertainment followed at 16%, with clothing and footwear at 10%.
Online purchases constituted 53% of the total spending, with an average transaction value of 263 shekels, significantly higher than the 147 shekels average for in-store purchases, which made up 47% of the spending. Regional spending patterns showed residents of the Galilee and Valleys leading with an average of 208 shekels per card, followed by the Sharon and Southern Shephelah regions at 207 shekels. Tel Aviv and Gush Dan residents averaged 202 shekels.
The data, which analyzes approximately four million credit cards, reflects morning spending habits. A more comprehensive picture of overall shopping volume and category differences is expected as the day progresses.
