Inflation Surge in Israel Amid Ongoing Conflict in Gaza
Recent economic data revealed that inflation in Israel has risen significantly, exceeding experts' expectations. This spike in inflation coincided with the ongoing military conflict with Hamas in Gaza, impacting the country's economy considerably. In August, the inflation rate rose to 4.3%, which is well above the forecast of 3.8%. This exacerbates the pressure on Israel's economy amid the ongoing wars and military actions, further complicating the already challenging economic landscape.
Continue readingIsrael's Economic Plans Stalled Amid War with Hamas: Surprising Delays
The recent conflict between Israel and the Palestinian group Hamas has led to significant upheavals in the financial plans of the Jewish state. In light of ongoing hostilities, Prime Minister Benjamin Netanyahu has focused all his efforts on military actions, causing many financial initiatives to be postponed.
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