Inflation

Nearly NIS 800 for a family outing: Israel’s Hanukkah Festigal ticket prices skyrocketing

Four full-price tickets to Festigal, an annual children’s musical, would cost NIS 796 this year. Discounts through membership programs reveal large gaps in what families could pay.

Hannukah Festigal in Tel Aviv
International Monetary Fund logo is seen outside the headquarters building during the IMF/World Bank spring meeting in Washington, US, April 20, 2018.

Middle East conflicts, energy supplies, to dominate IMF-World Bank meetings in Thailand

Now, when Israel looks out at the map, it has an alliance with two countries that face Iran directly across the Gulf

Middle East economy to shrink 2.1% in 2026, Gulf economies by 4.3%, World Bank forecasts

Illustrative: Customers walk past a flag vendor as they shop at a bazaar in Istanbul on September 6, 2022.

OECD cuts Turkish economic growth forecast to lowest rate since 2020 amid Iran war, rising prices


Renewed Middle East tensions send Brent Crude above $100

Brent crude tops $100 as renewed U.S.-Iran tensions disrupt the Strait of Hormuz, fueling inflation fears and putting fresh pressure on global markets.

 Model of petrol pump is seen in front of US and Iran flag colors in this illustration.

Iranian Rial hits record low as economic fallout from war takes hold - report

Iranian workers are going on strike as inflation rises to 128% and the fuel crisis worsens living conditions across the country.

A vendor pumps petrol from Iranian fuel oil tankers for resale near the Bashmagh border crossing on March 11, 2026.

Trump declares Iran ‘officially a failed nation,’ says US will respond to strikes on Jordan

In reference to the killing of anti-regime protestors, Trump claimed that over 100,000 have been killed and asserted that the regime in Tehran must be tried for war crimes.

US President Donald Trump speaks after signing an executive order that aims to rename Lake Ontario to Lake America in the Oval Office of the White House in Washington, DC, on August 27, 2026.

Iranian worker’s suicide attempt exposes Islamic regime's economic crisis, expert says

A 35-year-old man, one of 20 employees laid off because of wartime conditions, attempted to take his life in Mahshahr after the Labor Department failed to respond to his requests.

An Iranian woman shops in a local market in Tehran, Iran, April 28, 2026

Israel in the eye of the storm — But the economy tells a different story

The State of Israel sits at the center of the geopolitical turbulence, yet precisely at this juncture many of its macro indicators look better than those of quite a few countries far removed from it.

Matan Shitrit, Chief Economist at Phoenix Financial

Inflation and housing prices show continued declines in Israel

Housing prices declined 1.3% over the past year, oil prices fell following the Iran agreement, and the dollar recovered after an early drop.

Israeli real estate – construction site.

Israel against the current

While the world talks about interest rate hikes, Israel returns to rate cuts

Matan Shitrit, Chief Economist at Phoenix Financial

Israel’s inflation dynamics remain under control

A strong shekel, alongside structural energy factors, is moderating external price shocks.

Matan Shitrit, Chief Economist at Phoenix Financial

World Bank warns of 16% rise in commodity pricing over Hormuz closure

World Bank forecasts a 24% rise in energy prices in 2026, driven by the Iran conflict and the continued closure of the Strait of Hormuz, affecting global markets.

 A participant stands near a logo of the World Bank at the International Monetary Fund - World Bank Annual Meeting 2018 in Nusa Dua, Bali, Indonesia, October 12, 2018

UK inflation hits 3.3% as middle east conflict drives fuel prices

"the U.K. economy is likely to face continued inflationary pressure amid persistent uncertainty from the U.S.-Iran conflict affecting global energy markets."