Al Mayadeen English

  • Ar
  • Es
  • x
Al Mayadeen English

Slogan

  • News
    • Politics
    • Economy
    • Sports
    • Arts&Culture
    • Health
    • Miscellaneous
    • Technology
    • Environment
  • Articles
    • Opinion
    • Analysis
    • Blog
    • Features
  • Videos
    • NewsFeed
    • Video Features
    • Explainers
    • TV
    • Digital Series
  • Infographs
  • In Pictures
  • • LIVE
News
  • Politics
  • Economy
  • Sports
  • Arts&Culture
  • Health
  • Miscellaneous
  • Technology
  • Environment
Articles
  • Opinion
  • Analysis
  • Blog
  • Features
Videos
  • NewsFeed
  • Video Features
  • Explainers
  • TV
  • Digital Series
Infographs
In Pictures
  • Africa
  • Asia
  • Asia-Pacific
  • Europe
  • Latin America
  • MENA
  • Palestine
  • US & Canada
BREAKING
Iranian Foreign Ministry spokesperson: No new date or venue has been set for the meeting between Araghchi and Witkoff, and no negotiations will take place until the outcome is guaranteed
Palestinian platforms: Settlers storm Al-Aqsa Mosque complex under the protection of the occupation police
Palestinian platforms: The IOF detonated a booby-trapped robot east of the al-Zaytoun neighborhood, south of Gaza City
Syrian Defense: We call on all parties in Sweida to cooperate with security forces and exercise restraint
Al Mayadeen's correspondent: The Lebanese Army is continuing its investigations and will later announce any information that does not affect the confidentiality of the investigation
Al Mayadeen's correspondent: It has not yet been determined whether the detainees belong to ISIS or another organization
Al Mayadeen's correspondent: Around 10 people of different nationalities, including Lebanese nationals, were detained
Al Mayadeen's correspondent: The Lebanese army arrested a number of people in the Matn area of Mount Lebanon with possession it has not disclosed
Gaza Civil Defense spokesman: We have strong indications that there are martyrs, injuries, and trapped people in the Salah al-Din area
Gaza Civil Defense spokesman: Citizens should avoid Salah al-Din Street because anyone who approaches it is at risk of being directly targeted

Israeli supermarket prices jump 30% in past five years

  • By Al Mayadeen English
  • Source: Agencies
  • 13 Oct 2024 18:59
3 Min Read

As Israeli supermarket prices soar by 30%, even basic groceries are starting to feel like luxury items for the average Israeli consumer.

Listen
  • x
  • A man walks past closed business due to the war on Gaza, in
    A man walks past closed business due to the war on Gaza, in Sderot, occupied Palestine, Sunday, February 11, 2024. (AP)

An analysis published on Israeli news website Calcalist on Sunday reveals that prices in Israeli supermarkets have surged by over 30% in the past five years, placing a growing burden on consumers despite efforts to reduce spending and switch to cheaper products.

The report details how prices for a typical shopping basket, which includes essential items such as dairy, dry foods, meat, and cleaning products, have risen sharply, with some items increasing by over 100%.

The analysis shows that since 2019, the cost of a weekly shopping basket has climbed by NIS 194.3 (approximately $50.52), reaching NIS 830.5 (around $215.93) — a 30.5% increase.

Annually, this translates to an additional NIS 10,000 (about $2,600) in spending per family.

Specific items have seen even steeper price hikes. For instance, the price of Yad Mordechai olive oil has increased by 53%, although its supplier raised prices by only 31%.

Similarly, the cost of Edge shaving gel has risen by 51.2%, while the importer raised its price by only 16%.

Corn schnitzel has also seen a consumer price increase of 35.6%, even though its supplier raised prices by only 15%.

Read more: War on Gaza shatters Israeli economy, risks spread of poverty

Related News

Israeli settlers kill American-Palestinian visiting West Bank

New settler police force tightens Israeli grip on occupied West Bank

The report points to several factors behind the price hikes, including the COVID-19 pandemic, which saw unprecedented demand for home consumption, and the occupation's decision to impose taxes on sugary drinks and disposable utensils.

It also highlights the role of major suppliers and food manufacturers, such as Strauss and Tnuva, who began raising prices in 2021 amid rising costs for raw materials and transportation.

Unchecked prices, opportunistic retailers

The gradual price increases have largely gone unchecked, according to the Calcalist analysis, as public attention shifted to pressing issues like the pandemic, political unrest, and the wars on Gaza and Lebanon.

Meanwhile, the regime's promises to curb food prices have yet to be fulfilled, leaving consumers to absorb the impact.

Retailers have also played a role in the price surge, with many chains taking advantage of rising costs to improve their profit margins.

The Calcalist analysis notes that retailers often mark up products beyond the suppliers' price increases, contributing further to the sharp rise in consumer costs.

The report further criticizes the lack of regulatory oversight, stating that officials within the Israeli leadership, including Economy Minister Nir Barkat, have failed to take effective action to halt the price increases, despite threats to impose stricter regulations on suppliers.

The analysis concludes that without decisive intervention and more stringent price controls, consumers will continue to face rising costs in their day-to-day shopping, making essential goods increasingly unaffordable for many Israeli consumers.

Read more: War is costing Israeli economy over $66.6 billion: Smotrich

  • Israeli Settlers
  • shekel
  • Israel
  • Israeli economy
War on Gaza

War on Gaza

Most Read

Hezbollah SG reveals war details on Al Mayadeen for the first time

Hezbollah SG reveals war details on Al Mayadeen for the first time

  • Politics
  • 8 Jul 2025
Major ambush in Gaza kills 6 Israeli troops, injures dozens

Major ambush in Gaza kills 5 Israeli troops, injures 14

  • Politics
  • 8 Jul 2025
Israeli soldiers are seen in Beit Hanoun ahead of an operation by the al-Qassam Brigades, undated (Al-Qassam Brigades Military Media)

'Israel' on blast as media exposes report discrepancies in Gaza ambush

  • Palestine
  • 8 Jul 2025
Yemen Navy sinks ETERNITY C ship, shares footage of operation

Yemen Navy sinks ETERNITY C ship, shares footage of operation

  • Politics
  • 9 Jul 2025

Coverage

All
The Ummah's Martyrs

Read Next

All
The Freedom Flotilla ship Handala as it departs for Gaza, where it aims to break the maritime blockade at a port in Syracuse, Sicily in southern Italy on July 13, 2025. (AFP)
Palestine

Freedom Flotilla's Handala departs Sicily in bid to break Gaza siege

The container ship CMA CGM Laperouse, left, docks at the Georgia Ports Authority's Port of Savannah, Sept. 29, 2021, in Savannah, Ga (AP)
Politics

US shipbuilding woes deepen as tariffs, outdated policies backfire

Gaza war raises ethical questions for ex-Obama, Biden officials
Politics

Mercenary firm tied to Gaza war crimes hires Obama-Biden PR operatives

'Israel' targets children in Gaza collecting water
Palestine

'Israel' strikes Gaza kids fetching water, blames it on 'malfunction'

Al Mayadeen English

Al Mayadeen is an Arab Independent Media Satellite Channel.

All Rights Reserved

  • x
  • Privacy Policy
  • About Us
  • Contact Us
  • Authors
Android
iOS