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Expensiveness and inflation in Israel according to Hebrew language media

PNN – All the basic goods in the Zionist regime become more expensive, the added value reaches and inflation its highest level, while the price of fruits and vegetables has increased by 60% in one year.

According to the report of Pakistan News Network, this is the story that the Hebrew-language media present about the economic conditions of the Zionist regime in the shadow of the ongoing war and aggression in the Gaza Strip and involvement in different fronts.

In a report published on Tuesday evening, Kipa, the Hebrew-language website, announced that the electricity department has added 3.8 percent to the price of electricity and stated that the war, economic problems and the need to develop the electricity network were also the reasons for this action.

According to this Zionist media, it was decided in the meeting of the Board of Directors of the Electricity Authority that starting next January, the price of electricity will be increased by 3.8% so that on average each family will spend 14 shekels more in this regard.

Meanwhile, each Israeli family used to pay an average of 391 shekels per month (3.6 shekels per dollar) for electricity, excluding VAT.

This is the second increase in the price of electricity in less than a year in Israel. Previously, last February (9 months ago), 2.6 percent was added to the price of electricity; while usually this increase was applied only once a year.

In this regard, Haaretz newspaper’s economic supplement reported in today’s issue that the value added tax has reached 18%, and this has increased the concern of more expensive goods.

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According to this report, the Israeli economy is ready to deal with the increase in value added tax, which is supposed to be implemented from the beginning of the New Year in January.

According to Haaretz: field research conducted in this media show that mobile phone and communication companies are also trying to increase their prices, but they refused to announce the amount and the impact of value added tax on it.

In addition to that, the clothing industry will also be affected by it and will have an impact on all industries.

Restaurant owners also announced that with the increase in value added tax, the price of their services will also increase.

The Hebrew language website Ais also talked about the increase in the cost of living in (Occupied Palestine) and wrote: The price of fruits and vegetables has increased by 60% in less than a year.

In this report, it is stated that since the beginning of the events of October 7 until today, the fruit and vegetable market in Israel has witnessed increased disorder, which has had a direct impact on prices and consumption trends.

From October 2023 onwards, prices have been on a continuous upward trend, according to the monitoring conducted by the Retail Research Center.

The complex security situation has had a direct impact on Israel’s domestic economy and has caused consumers’ tastes to change as well, so that families have reduced their purchases and have turned to targeted purchases to avoid wasteful spending.

The collected data show that during this period, we see sharp jumps in prices in the fruit and vegetable market, in such a way that summer vegetables such as tomatoes have increased by 40% and fruits by 60%, reaching new highs in price.

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