In September 2023, Israel's Consumer Price Index (CPI) exhibited a notable decrease of 0.1% compared to the previous month. This downturn has had a significant impact on the overall annual inflation rate, which fell to 3.8% from the 4.1% recorded at the end of August....
In an unexpected turn of events, credit rating agency Moody's has postponed the release of Israel's credit rating notice, leaving financial markets and stakeholders in suspense. This decision comes as a surprise to many, given that the agency had recently conducted a...
In a pivotal turn of events following the ongoing war of Israel with Hamas, Moody's, the international credit rating agency, is set to release a critical report this Friday, potentially challenging Israel's current credit rating of A1. The report, which focuses on the...
Saturday's morning surprise attack by Hamas has thrown Israel into a state of turmoil, with a tragic loss of lives. This attack marks the first declaration of war in Israel in over 15 years since the Second Lebanon War. The economic implications of such a situation...
Tel Aviv, Sunday - The Tel Aviv Oil and Gas Index experienced a significant setback today, with a staggering decline of approximately 9% in trading on the stock exchange. Earlier in the day, the declines even breached the 10% mark, highlighting the volatile nature of...
The global oil market has been on a rollercoaster ride recently, with prices soaring to levels not seen since November of the previous year. As of now, a barrel of Brent oil is fetching $94.4, while the American benchmark, WTI, is priced at $91.3. This bullish trend...
Israel's consumer price index (CPI) exceeded expectations in August, registering a monthly increase of 0.5%, pushing the annual rate to 4.1%, according to data released by the Central Bureau of Statistics. These figures not only exceeded early market estimates but...
Israel anxiously anticipates the imminent release of inflation data set for tomorrow, with markets bracing for a potential rebound to around 4%, following a recent drop to 3.3% in July. Across the globe, a surprise setback was experienced in the United States...
The recent fluctuations in the exchange rate between the US dollar and the Israeli shekel have left financial markets and investors in a state of uncertainty. The shekel has been losing ground against the dollar for some time now, and this trend shows no sign of...
Israel is facing an escalating fiscal challenge as its cumulative deficit over the past 12 months reached 1.3% of GDP in August. This marks an increase from the 1% deficit reported just a month ago. This is indicating that the actual deficit has surpassed the...