Inflation
Moody’s upgrades Israel’s credit outlook from 'negative' to 'stable'
While the sovereign rating remains at BAA1, the shift reflects a clear easing of risk compared with the peak of the war period.
Iran’s rial hits historic low: Over 1.5 million rials to a dollar
Iranian rial reaches record low value, trading at over 1.5m IRR per USD
The divide in Iran's protests: Why ethnic minorities are not taking to the streets - opinion
Gold 10-Day High Ahead of Crucial CPI Report; Gold ETFs Regain Buy Points
June brings price hikes in multiple sectors for Israeli consumers
"Since the start of the war, the big food companies have raised prices by dozens of percent," said a lobby group.
The difference between macro/micro inflation during the war in Israel
Despite inflation and government-controlled prices increasing on May 1st, Israel’s microeconomy should be stable. However, Israel’s macroeconomy will face the consequences of the war for a few years.
Israel-Hamas war takes toll on Israel's 2023 GDP
GDP revealed to have decreased in final quarter of 2023 as a result of conflict, revised report shows.
Eid in Pakistan: Elites undaunted by inflation while the working class struggles to survive
Rising inflation dampened the joy of Eid al-Fitr in Pakistan, whose economy is considered repressed, according to a Washington-based think tank.
Turkey's central bank delivers bold rate hike amid inflation concerns
The sharp rate increase sparked a rally for the Turkish lira, which appreciated as much as 2%.
The Bank of Israel: Interest rate stands unchanged at 4.5%
Amir Yaron of the Bank of Israel extends public relief and calls for a committee to devise a multi-year defense budget plan due to economic challenges
Inflation declines, credit card spending rises: BofA on Israel’s economy
The report said the general unemployment rate went up to 10.2% when the conflict started, and now it's at 7.2%, partially due to the many Israelis serving in reserves.
Bank Hapoalim cautions against overoptimism in economic recovery
Following last week's release of positive economic indicators, Bank Hapoalim has issued a cautionary note to investors and policymakers.
Inflation in Israel works its way down as interest rate cut looms
As the shekel begins a climb from recent lows, analysts anticipate interest cuts upcoming, even as early as the end of November.