Full coverage· Economy· Updated
Israel Sees Price Hikes on Eggs and Other Food Items Starting November 1
New regulated prices for chicken eggs went into effect in Israel on November 1, with a 2.1% average increase due to rising production costs. Prices for other food items, including flour products, coffee, and chocolate, are also expected to rise.
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What happened
- 01Regulated egg prices in Israel increased by an average of 2.1% starting November 1.
- 02The price hike for a dozen eggs ranges from 27 to 33 agorot, depending on size.
- 03Increased costs for feed, electricity, labor, and packaging are cited as reasons for the egg price rise.
- 04Flour prices are set to increase by 11% to 14%, potentially affecting bakery and confectionery prices.
- 05Other food items like coffee, chocolate, and snacks may also see price adjustments.
These increases are driven by higher raw material, production, and transportation expenses.
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