Israelis Spend Billions on Election Day Holiday
Israelis spent NIS 1.752 billion on credit cards during the recent Knesset election day, a 30.2% increase from the previous election. This spending also surpassed that of the local authority elections by 10.1%. The majority of the spending occurred between 8 AM and 5 PM, showing a significant rise in consumer activity on the national holiday.
הידיעה ב-5 שורות · תקציר של baba
- Israelis spent NIS 1.752 billion on credit cards during the election day holiday.
- Credit card spending surged by 30.2% compared to the previous Knesset election day.
- Spending on this election day was 10.1% higher than during the local authority elections.
- Over 66% of the day's spending occurred between 8 AM and 5 PM.
- The spending increase compared to the previous Knesset election was 42% during peak hours.
Israelis significantly increased their spending on election day, which also served as a day off, with credit card expenditures reaching NIS 1.752 billion. This represents a 30.2% surge compared to the previous Knesset election day in November 2022, when spending totaled NIS 1.346 billion. The current election day saw an additional NIS 406 million spent compared to the last Knesset election.
Spending on this year's election day also exceeded that of the local authority elections held on January 30, 2024, which saw NIS 1.591 billion in credit card transactions. The current election day's spending was approximately NIS 161 million higher, marking a 10.1% increase.
Activity was particularly high between 8:00 AM and 5:00 PM, during which Israelis spent NIS 1.149 billion, accounting for about 66% of the total day's spending. This period alone saw a 42% increase in spending compared to the same hours during the 2022 Knesset elections, when NIS 808.51 million was spent. During the local elections in 2024, NIS 1.011 billion was spent in the same timeframe.
The data, released by Shva, the national payment system operator, highlights a substantial rise in credit card payments on the recent holiday. While the exact breakdown of spending across different sectors like retail, restaurants, or online shopping is not available, the overall figures indicate a highly active consumer day.
לא אותו אירוע: ידיעות אחרות שחולקות עם הידיעה הזו אנשים, מקומות או נושא. רקע, תגובות והמשכים.
