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
Trump: We want to feed the people in Gaza, we do not want them to starve.
US President Donald Trump: We will impose sanctions on Russia if it does not end the war on Ukraine.
Israeli media: Polls show that 52% oppose Prime Minister Benjamin Netanyahu while only 29% support him.
Israeli media: 32% of Americans still support "Israel's" war on Hamas, while 60% oppose it.
Israeli media: Core US support for "Israel" hits its lowest, while support for Palestine reaches its highest levels.
Al Mayadeen's correspondent reports martyrs, injuries in Israeli bombardment of home in Heker al-Jame area in Deir al-Balah, central Gaza.
Al-Quds Governorate: Today, the spatial division of Al-Aqsa Mosque began in a public and dangerous manner, and we warn of a religious war in the region
The Ministry of Health in Gaza: This brings the total number of victims of famine and malnutrition to 175, including 93 children
The Ministry of Health in Gaza: Gaza's hospitals recorded six deaths due to starvation and malnutrition in the past 24 hours, all of them adults
Informed sources to Al Mayadeen: A new chapter in relations between Iran and the International Atomic Energy Agency will begin within the framework of the new law passed by Parliament

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

Condemnations pour in as Israeli settlers storm Al-Aqsa Mosque

Another US citizen killed by Israeli settler attack 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

A rescued crew member from the ETERNITY C vessel in a video released by the Yemeni Armed Forces on July 28, 2025 (Yemeni Military Media)

Yemen Navy reveals fate of targeted Eternity C ship crew

  • Politics
  • 28 Jul 2025
An Israeli tank explodes following an ambush by al-Qassam Brigades in Gaza, Occupied Palestine, undated (Al-Qassam Military Media)

Al-Qassam strikes Israeli vehicles in Gaza, inflicts casualties

  • Politics
  • 30 Jul 2025
UAE lodges complaint against Israeli ambassador over 'misbehavior'

UAE lodges complaint against Israeli ambassador over 'misbehavior'

  • Politics
  • 1 Aug 2025
An explosion seen during an Iranian missile attack on Tel Aviv, Occupied Palestine, June 13, 2025 (AP)

If Iran is attacked again, geography of response may change: IRGC spox

  • Politics
  • 30 Jul 2025

Coverage

All
The Ummah's Martyrs

Read Next

All
A member of the al-Qassam Brigades, the armed wing of Hamas, takes part in a parade as he celebrates a ceasefire agreement between Hamas and the Israeli regime in Deir al-Balah, Gaza Strip, Sunday, January 19, 2025 (AP)
Politics

Al-Qassam: We’ll allow aid to Israeli captives if Gaza siege ends

Freed Lebanese freedom fighter Georges Abdallah during an interview on Al Mayadeen, which aired on Sunday, August 3, 2025 (Al Mayadeen screengrab)
Politics

Exclusive: Resistance key to building state, Georges Abdallah says

United Nations Secretary General Antonio Guterres gives a statement about the situation in Gaza at UN headquarters, Friday, June 27, 2025 (AP)
Politics

UN warns Gaza faces water crisis, looming famine under Israeli siege

Israeli soldiers drive their armored personnel carrier along the Gaza Strip, in southern occupied Palestine, Wednesday, July 30, 2025 (AP)
Politics

Ex-Israeli general says Gaza starvation campaign isolated 'Israel'

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