Israel Sees Record Spending on Election Day, Up 30% From Previous Vote
Israelis spent a record NIS 1.752 billion on election day for the 26th Knesset, a 30.2% increase from the previous election. Spending peaked during peak hours, significantly surpassing previous election days. The largest spending increases were seen in leisure, entertainment, and dining, with other sectors like retail and hospitality also showing growth.
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- Israeli spending on election day reached a record NIS 1.752 billion, up 30.2% from the last Knesset election.
- Peak hour spending on election day was NIS 1.149 billion, significantly higher than previous elections.
- Leisure, entertainment, and attractions saw the largest spending increase at 72.32%.
- Restaurants and cafes experienced a 53.89% rise in consumer spending.
- Supermarkets accounted for the largest spending category, with a 24.15% increase.
Israeli consumers spent a record NIS 1.752 billion on election day for the 26th Knesset, a 30.2% increase compared to the previous Knesset elections on November 1, 2022. The data, released by Shva, the national payment system operator, also shows spending was 10.2% higher than during the municipal elections on January 30, 2024.
During peak hours on election day, between 8 AM and 5 PM, spending reached NIS 1.149 billion. This is significantly higher than the NIS 808.51 million spent during the same hours in the previous Knesset election and NIS 1.011 billion during the municipal elections.
The spending surge was most pronounced in leisure, entertainment, and attractions, which saw a 72.32% increase to NIS 19.141 million. Restaurants, cafes, and fast food outlets experienced a 53.89% rise in spending, reaching NIS 181.365 million.
Other sectors also saw notable increases. Delicatessens, convenience stores, and kiosks reported a 48.98% jump in spending to NIS 59.988 million. The pharmacy sector saw a 33.49% increase, with NIS 51.007 million spent. Clothing and footwear purchases rose by 26.27% to NIS 168.435 million.
Supermarkets, which represent the largest spending category, saw a 24.15% increase, totaling NIS 238.196 million. Other sectors like hospitality, fuel, and electronics also reported increases ranging from 11.39% to 15.72% compared to the 2022 elections.
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