Full coverage· Economy· Updated
Israel Faces Price Hikes on Essentials, Fuel This November
Israel is bracing for price increases on essential goods and fuel starting in November. Flour producers are raising wholesale prices by 10-15% due to increased costs linked to the Ukraine war and supply chain disruptions. Egg prices will rise by 2.1% from November 1st.
2 newsrooms · 1 language · since
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What happened
- 01Flour prices to increase by 10-15% starting November due to rising costs.
- 02Egg prices will rise by 2.1% on November 1st.
- 03Gasoline prices may significantly increase if tax breaks are not extended.
- 04Producers cite Ukraine war and supply chain issues for cost increases.
- 05Regulated bread prices require government approval for any hikes.
Gasoline prices could also surge if tax breaks are not renewed, potentially reaching nine shekels per liter.
The coverage
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