ECONOMY

The Israeli public was blindsided by government boasts of diplomatic victories. The truth has now hit.

Haifa is ranked 187th. Below Tashkent and Split but above London and New York.

Over the 12 months until the end of August 2026, the fiscal deficit fell to 3.2% of GDP, or NIS 71.1 billion, down from 3.3% at the end of July.

Direct foreign investment totaled $26.2 billion in 2025, but the figure hides high concentration in one sector and in a few very large deals, such as Google's acquisition of Wiz.

This nearly 25% cut in the Israel office of the payment services giant is part of a global streamlining process.

Amir Yaron tells “Globes” that Israel’s high GDP growth figures are only moderate, after deducting production figures from outside Israel, and the latest rate cut will ease demand and supply constraints.

The Bank of Israel said that the Monetary Committee’s policy is focusing on price stability, support for economic activity, and stability of the markets.

Tobie Harris, head of the Authority's Markets Department: Whoever possesses the market data can drive out the competition.

IDF officers have an average retirement age of 45 and receive an average monthly pension of NIS 20,019, according to the latest security forces wage report.

"The Times" reports that UK prime minister Andy Burnham has been warned that such a ban would become a de facto boycott of all of Israel.

The Competition Authority is heavily penalizing official importers who try to thwart cheaper supplies via other channels.

Citi: In the absence of any urgency, we think a decision to leave rates unchanged is marginally more likely.

Prof. Matt Allen, guest speaker at next week’s Globes Family Companies Conference, explains the best way to ensure the business is passed on successfully between generations.

Workers from abroad have taken the place of Palestinians but employers are not always providing the housing conditions and other services the law requires, while government enforcement is lacking.

Nvidia’s networking division is seeing an exponential rise in revenue, making it a major engine of growth for the Israeli economy.

Amir Yaron hinted that there will be no rate cut next month in an interview with Bloomberg TV by insisting that inflation will rise.

The average wage has risen 7% over the past year but lower participation of young people in the workforce is pushing up the average, some experts say.

According to data from the Shoresh Institute, about 28% of men and about 15% of women over the age of 65 continue to work.

The unexpectedly high GDP growth followed a contraction in the first quarter due to the Iran war.

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.

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

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

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

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

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.

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

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.

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

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.

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

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.