PNN – At the same time as the increasing economic costs of the Gaza war for the Zionist regime, the indifference of the Prime Minister of this regime, “Benyamin Netanyahu” to the increase in inflation, has raised the voice of the Israeli media.
According to the report of Pakistan News Network, quoting Al-Mayadin network, the media of the Zionist regime consider the increase in inflation and the cost of living in the occupied territories and the inattention of the Netanyahu cabinet to the economic losses of the war in the Gaza Strip as factors that have made it necessary to think about the continuation or cessation of the war in the Gaza Strip.
The Zionist website “Makan” wrote: Contrary to past predictions and assessments, the rate of inflation in the past few months has been such that it has eliminated the possibility of a decrease in the bank interest rate.
This news site added: According to the announcement of the Central Bureau of Statistics, the cost of consumer items in July jumped higher than 3.6 percent in a sudden jump.
According to the report of the “Mekan” database, the Bank of Israel and Zionist analysts predicted an increase in inflation by half a percent, but in an unexpected event, the inflation rate increased by 3 percent in August.
According to the available statistics, the housing sector has increased by 5.8%, vegetables by 13.2%, food by 0.3%, transportation by 2.8% and education by 0.5%.
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Based on this, the annual average price increase has reached 6% and if this trend continues, the average price increase will reach 10%.
“Haaretz” newspaper also criticized the current economic situation and wrote: The longest and most expensive war in Israel’s history has imposed more costs for living there and has greatly reduced the opportunities to reduce bank interest rates.
In a report, the credit rating agency “Fitch” lowered the credit rating of the Zionist regime from “plus A” to “A” and declared the economic outlook of this regime to be negative.
This international institution announced that the economic growth prospects of the occupying regime are not positive due to the war against Gaza and geopolitical threats against Tel Aviv.
Fitch analysts predicted that the war against the Gaza Strip will continue until 2025 and warned of the risk of the war spreading to other areas.
This international credit institution predicted that the budget deficit of the Zionist regime will increase from 4.1% in 2023 to 7.8% in 2024.
In the medium term, Tel Aviv’s debt will remain at more than 70 percent of its gross domestic product, Fitch Ratings said.
Channel 12 of the Zionist regime’s TV also recently announced that Tel Aviv’s position among the world’s richest cities has fallen by 17 places and is ranked the 47th city in the world in terms of wealth.
This Zionist media announced the flight of capital from Tel Aviv in the past year and wrote: About 300 investors with at least one million dollars in capital have left this city after the Al-Aqsa storm operation.