While Eizenberg cautioned that it is very hard to know what may happen in the future, he predicts that the likely scenario is that prices will continue to rise in the next few months.
Among product prices impacted, the price of one liter of bagged 3% milk will go from NIS 5.94 to NIS 6.21 and one carton of 1% milk will rise from NIS 6.41 to NIS 6.7.
The outbreak of the Israel-Hamas war has led to an existential crisis for Israeli farmers, as well as for customers and evacuees trying to make ends meet in time for the holiday.
Economy Minister Nir Barkat called on the Israeli public to boycott Israeli food company Osem for refusing to cooperate with the government over food price rises.
From gourmet cereals to convenient beverage boxes, here's everything new on the shelf.
The company says that the decision to raise prices follows large rises in prices of raw materials in the past year.
Noteworthy declines were recorded in fresh fruits and culture and entertainment (2.2%); clothing and footwear (1.8%), and furniture and household equipment (0.7%).
Israeli food sector executives emphasize resilience, job security, and innovative strategies amid ongoing geopolitical challenges.
Previous research has shown that decisions to purchase specific food items are primarily based on taste and cost.
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