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Full coverage· Economy· Updated

Israelis Shatter Spending Records on Election Day Holiday

Israelis set a new spending record on Tuesday's election day, with credit card transactions totaling NIS 1.752 billion, a 30.2% increase over the previous Knesset election.

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What happened

  1. 01Israelis spent a record NIS 1.752 billion on election day, a 30.2% increase over the previous Knesset election.
  2. 02Spending on restaurants and cafes surged by 53.89% compared to the 2022 election day.
  3. 03Leisure and entertainment spending saw increases of 72% to 136.6% on election day.
  4. 04The fashion sector experienced a 148% surge in transactions, with significant discounts offered.
  5. 05In-store shopping rose by 58%, while online sales decreased by 44% on election day.
  6. 06Major shopping centers reported visitor numbers up to three times higher than a regular day.

The holiday spurred significant spending in sectors like restaurants, leisure, and fashion, with a notable shift towards in-store purchases over online shopping. Major shopping centers reported substantially higher visitor numbers and sales compared to typical days.

Ynetnews publishes in English. The key points are summarized above. Read Ynetnews’s full report from the link below.

Summarized by baba from Ynetnews, the latest report. Read Ynetnews’s original

The coverage

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