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ECONOMY

Inflation credit: Shutterstock Israel's inflation rate falls to 1.5%

The Consumer Price Index rose by 0.3% in July, in line with market estimates. Home prices rose 0.1% from April-May to May-June.

Histadrut chairperson Arnon Bar David credit: Histadrut spokesperson, Shutterstock Who says removing import barriers doesn't lower consumer prices?

The Histadrut, that's who. A can of tuna begs to differ.

Tech job cuts credit: Shutterstock Israel's tech workforce stable despite layoffs - survey

While overall numbers remain steady, profound changes are taking place in employment patterns.

Minister of Finance Bezalel Smotrich  credit: Government Press Office High tax collection moderates fiscal deficit

The deficit was 3.3% of GDP for the twelve months to the end of July. The target for 2026 is 4.9%.

Governor of the Bank of Israel Amir Yaron  credit: Government Press Office Bank of Israel warns on defense procurement plan

Prime Minister Benjamin Netanyahu has called for additional defense spending of NIS 400 billion over thirteen years.

El Al plane lands in Newark, New Jersey credit: Shutterstock Tax Authority warns higher income Israelis are leaving

A Tax Authority study indicates that not only did more Israelis leave the country in 2023 and 2024 but that they had a higher income than those emigrating in previous years.

Maharan Frozenfar, Shmuel Abramzon and Shay Aharonovich credit: Tax Authority, Yossi Zamir, Ministry of Finance Spokesperson Tax Authority targets tech employee stock options

The Israel Tax Authority and Finance Ministry are considering incentivizing earlier exercising of stock options to increase state revenues.

Judge Alex Stein  credit: Rafi Kotz Court halts Knesset Finance C'ttee transfers

Justice Alex Stein issued a temporary injunction holding back  transfers of money approved in yesterday’s committee session, except for those relating to emergency civilian expenditure.

Knesset Finance Committee session (archive picture)   credit: Noam Moskowitz, Knesset Press Office Finance C'ttee doles out money to haredim, settlements

A petition against the committee's proceedings, which were not approved by Recess Agreements Committee, has been filed in the High Court of Justice.

National Insurance Institute credit: Shutterstock National Insurance Institute heading for disaster

The Ministry of Finance wants the unemployed, students and yeshiva students to pay more but that won’t cover an annual deficit expected to swell to NIS 18 billion by 2030 and NIS 48 billion by 2050.

Average wage in Israel credit: Shutterstock Rita Kapitulski Average wage rises, tech wages jump

The average monthly wage in Israel in June 2026 was NIS 15,223, up 7.7% from June 2025.

Ben Gurion airport credit: Michal Aloni Emigration from Israel continues at peak levels - study

Analysis of Central Bureau of Statistics data by Tel Aviv University researchers finds that 90,922 people left Israel in 2025, similar to the numbers for 2024 and 2023.

McDonald's Israel branch credit: Tali Bogdanovsky Israel leaps to second in "The Economist" Big Mac Index

A 15% price hike and the appreciation of the shekel sent Israel up six places in the index.

Residential construction  credit: Shutterstock Credit growth props up real estate developers

Bank credit to businesses is rising at a record rate, but instead of fueling economic growth, it's keeping real estate companies afloat.

Port of Rotterdam  credit: Piroschka Van De Wouw, Reuters Netherlands bans goods from territories

The ban includes the Golan Heights, and purchases by any Dutch citizen. Israel fears damage to relations with an important trading partner.

Intel fab construction credit: Intel Treasury cancels Intel grant

Two years after the freeze on construction at Intel's facility in Kiryat Gat, the Ministry of Finance has cancelled a grant of NIS 1.3 billion.

AI layoffs illustration: Shutterstock AI layoffs mount amid software sector bloodbath

monday.com, Wix and Fiverr are among Israeli companies that have imposed deep cuts after seeing their stocks plunge.

Eran Zinman and Roy Mann Photo: Nethanel Tobias monday.com to lay off 620, as it adapts to AI

The Israeli work operating systems company is laying off 20% of its workforce, including 350 employees in Tel Aviv.

Power grid  credit: Shutterstock Regulator makes future of server farms in Israel uncertain

The Electricity Authority's decision to suspend allocation of power connections exposes the shortcomings of Israel's power infrastrucutre.

WSC Sports Photo: Trend54 WSC Sports to lay off over 60 employees

The Israeli company, which provides systems for automatically creating short highlight clips of matches and distributing them to social media, will dismiss 10% of employees.

Israel Police Lahav 433  Division, Lod  credit: Shlomi Yosef Tax Authority employees arrested in bribery affair

The suspects, current and former Israel Tax Authority employees, allegedly took bribes in return for facilitating false tax rebates.

Merck credit: Reuters Kai Pfaffenbach Merck downsizing two Israeli development centers

The German company will implement layoffs in Jerusalem and Rehovot.

Attorney General Adv. Gali Baharav-Miara  credit: Noam Moskowitz, Knesset Press Office Could attorney general law lead to a rating downgrade?

In its latest survey of the Israeli economy, Moody's warns against erosion of the independence of the legal system.

Inflation credit: Shutterstock Inflation in Israel falls to five-year low

The Consumer Price Index was unchanged in June as home prices fell sharply.

Moody's offices in Vilnius  credit: Shutterstock/Andrius Zemaitis Moody’s praises strong Israeli economy

The latest report indicates no pressures, upward or downward, on Israel's credit rating or the rating outlook.

Tower Semiconductor fab  credit: Shlomi Yosef Intel, Tower expanding in Ireland, Japan - just not in Israel

Government support appears to tip the scales when it comes to major investment decisions by semiconductor companies.

Redis founders credit: PR Redis to lay off 80 in Israel

“Globes” has learned that the company is laying off 27% of employees at its Israel development center.

Ishay Davidi credit: Cadya Levy FIMI closes $1.75b eighth fund

The Israeli private equity firm has raised its biggest-ever fund and currently manages assets worth over $11 billion.

Shas leader Aryeh Deri, Prime Minister Benjamin Netanyahu, Minister of Finance  Bezalel Smotrich  credit:  Noam Moskowitz, Knesset Press Office;  Olivia Fitoussi , Haaretz Legislative rush reprieves deserters, omits economic reforms

Deals with the haredi parties to pass bills on the attorney general and the media in the Knesset's last week leave important economic legislation by the wayside.

Gilad Japhet Photo: MyHeritage MyHeritage to lay off 15% of workforce

MyHeritage currently has 500 employees in Israel, the US and Europe.

Ministry of Finance accountant general Michal Abadi-Boiangiu. credit: Haim Zach GPO Fiscal deficit narrows as tax revenues jump

Israel’s fiscal deficit in the 12 months to the end of June 2026 narrowed to 3.3% of GDP, from 3.75% at the end of May 2026.

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