The increases are the latest in a series of recent price hikes.
Israel's aggressive policy-tightening cycle has sparked anger among its citizens as mortgage, loan payments and the cost of living have soared, with inflation staying around 5%.
60% of Israelis polled blame the government for egregious living costs. Also of concern to respondents were judicial system reforms and national security.
The government wants to see if companies are raising prices unfairly and contributing to the rising cost of living in Israel.
A series of Israeli companies and importers have announced significant price hikes in recent weeks.
Local Authorities in Israel announced on Sunday that it was going to cease providing municipal services until the Fund is removed from the Economic Arrangements Bill.
Recent import reforms have paved the way for the international retail giant to potentially revolutionize the Israeli market.
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