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
Al Mayadeen's correspondent: Israeli drone targets a car on the Ayta al-Shaab-Debel road in southern Lebanon
Yemeni Armed Forces Spokesperson Yahya Saree: The remaining airlines that have not yet complied with the ban are urged to take this into serious consideration to ensure the safety of their aircraft and passengers
Yemeni Armed Forces Spokesperson Yahya Saree: The YAF, after successfully imposing a partial ban on air traffic at Lydd Airport, are now working to impose a full ban on air traffic at the aforementioned airport in the coming period
Yemeni Armed Forces Spokesperson Yahya Saree: YAF's UAV Unit carried out three military operations targeting three vital Israeli sites in the occupied Palestinian areas of Yafa, Isdud, and Umm al-Rashrash, using three drones
Yemeni Armed Forces Spokesperson Yahya Saree: The operation successfully achieved its objective, causing millions of Zionist settlers to flee to shelters and bringing airport operations to a halt
Yemeni Armed Forces Spokesperson Yahya Saree: YAF targeted Lydd Airport in the occupied Yafa area (Tel Aviv) with a hypersonic ballistic missile
Israeli media: Ben Gurion Airport airspace sut down following missile launch from Yemen
Israeli media: Air raid sirens sound in the central region and Hashfala following the detection of a missile launch from Yemen
SDF announces the killing of three of its members as a result of ISIS cells detonating a landmine targeting a vehicle of a security patrol on the Hasaka-Raqqa road
The Popular Resistance Committees: We call on all international institutions to take urgent action and uphold their responsibilities by restoring and immediately enforcing effective mechanisms for the distribution of humanitarian aid.

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 storm occupied al-Quds in provocative 'Flag March'

Israeli settlers storm Al Aqsa, raid homes in 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

President Donald Trump and Israeli Prime Minister Benjamin Netanyahu arrive to a news conference in the East Room of the White House, Tuesday, Feb. 4, 2025, in Washington (AP)

Rift widens: Trump, Netanyahu clash in heated phone call over Iran

  • Politics
  • 26 May 2025
US judges quietly consider private security amid Trump tensions

US judges quietly consider private security amid Trump pressures

  • US & Canada
  • 25 May 2025
An Israeli army vehicle moves in the Gaza Strip as seen from southern occupied Palestine, Thursday, May 29, 2025 (AP)

Hamas rejects Witkoff ceasefire plan, says alters terms

  • Politics
  • 29 May 2025
Spokesperson for the Yemeni Armed Forces, Brigadier General Yahya Saree, announces a new operation against Ben Gurion Airport on May 29, 2025 (Yemeni Military Media)

Yemen announces successful hypersonic missile strike on Ben Gurion

  • Politics
  • 30 May 2025

Coverage

All
War on Gaza

Read Next

All
MIT bans class president who gave pro-Palestine speech
US & Canada

MIT bans class president over pro-Palestine speech

Arab ministers condemn Israel 'ban' on planned West Bank visit
Politics

Arab ministers condemn Israeli ban on planned West Bank visit

Major General Hu Gangfeng, Vice President, National Defense University, People's Liberation Army, China, leaves after a panel discussion during the 22nd Shangri-La Dialogue summit in Singapore, Saturday, May 31, 2025. (AP Photo/Anupam Nath)
Politics

China blasts Hegseth, calls US top 'troublemaker' in Asia-Pacific

US activists demand shutdown of Musk's 'dirty' supercomputer: Reports
Technology

US activists demand shutdown of Musk's 'dirty' supercomputer: NBC News

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