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Israeli consumers angry over cost-of-living hike

With the cost of living rising steeply, and with the poor getting even poorer, Israel’s government is facing plenty of angry citizens.
Shoppers buy bread at the Mahane Yehuda market, a day ahead of a nationwide lockdown aimed at curbing a surge in coronavirus cases, Jerusalem, Sept. 24, 2020.

Finance Minister Avigdor Liberman entered the conference room of his faction in the Knesset Jan. 31, and, as usual, gave the journalists an opportunity to ask questions before the open microphones and cameras.

High on the agenda was the inflation wave that has swept the economy. One after the other, the large food companies announced that they were raising prices up to 15% of popular products such as pasta noodles and ketchup. Simultaneously, it was announced that fuel prices are expected to rise by about 5%. This is in addition to the prices of electricity that have already risen by 6%.

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