The recent raise in gasoline price stirred up the nation as many protested against the decision to raise prices to 8 NIS per liter. Eventually, Prime Minster Netanyahu intervened and cut back the raise so that the new 95-Octane Petrol price reached as of March, 1st 2012 reached 7.74 NIS ... Read More

Bank of Israel announced at the end of February it will leave the basic interest rate unchanged at 2.5% for March 2012. The last time Bank of Israel has reduced its basic interest rate was a month back in January 2012 when it reduced the rate by 0.25 percent points. ... Read More

According to a recent report of the Central Bureau of Statistics of Israel (CBS), Israel 's GDP in the second half 2011 expanded  by only 3.6% (year-o-year) which is a much slower pace than the growth rate of 5.3, which was recorded during the first half of 2011. The Israeli Gross ... Read More

During January 2012 the Israeli CPI continued its inertia as it remained unchanged again for the second consecutive month.  In the recent Central Bureau of Statistics report regarding consumer prices changes for January 2012, the Israeli inflation (CPI) remained flat compared with December's CPI (see chart below). The CPI sans energy ... Read More

As expected by many traders, Bank of Israel announced at the end of January it will reduce the basic interest rate by 0.25 percent points from 2.75% to 2.5% for February 2012. The last time Bank of Israel has reduced its basic interest rate was back in November 2011 when ... Read More

According to the recent report of the Central Bureau of Statistics of Israel (CBS), Israel 's GDP in 2011 grew by 4.8% (year-o-year) which is a similar rate to the grow rate of the GDP in 2010 and much higher than the growth rate in 2009: This estimate is based of ... Read More

According to the recent publication by Central Bureau of Statistics of Israel (CBS), the GDP of Israel continues to grow but at a slower pace: During the second quarter of 2011 the Israeli Gross Domestic Product grew by 3.3% in annual terms. This is a decrease in the growth rate from ... Read More

The Israeli inflation changed direction and declined by 0.3% for the first time since February 2010. This is a shift direction after the CPI rose by 0.4% in June 2011. In the recent Central Bureau of Statistics report regarding consumer prices changes, the Israeli inflation (CPI) declined by 0.3% during ... Read More

The protests that swept Israel's streets in the past few weeks all revolve in some way the high prices, the lack of service that the people get from its government and the high burden of taxes that Israel's citizens have to pay. In regards to the taxes let's examines this ... Read More

The leading Israeli company that is traded in NASDAQ, Teva Pharmaceutical Industries has experienced in the last several days sharp falls during August. The recent falls in the past few days were mainly due to the backwind push of major stock markets falls not only in the US but also ... Read More