As forecast, central bank leaves borrowing costs at 4.75%, but cautions about impact of shekel depreciation on inflation and the possibility of further rate hikes
Price drops on fresh produce, clothes and furniture outweigh hikes elsewhere, matching trends around the world as higher interest rates smother spending
Rise of more than double what was forecast sets up Bank of Israel for another interest rate hike next week, as central bank battles inflationary pressure, economists say
Basket of goods of Carrefour-branded goods is 60% cheaper versus basket of comparable goods by local competitors, according to retailer; analyst sees prices continuing to rise
Israel’s biggest supermarket chain inks deal to exclusively import and sell SPAR products in Israel, vowing to increase competition and bring down food prices
Without many alternatives and with potential competition from smaller retailers, Israel's largest supermarket chain may find itself fighting the dairy giant's price rise on its own
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