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The Ledger · Dispatch · EconomyDeveloping

Israeli credit card spending drops 23.4% amid Iran escalation, data shows

The Zioneer Intelligence Desk

Primary source Internal intake · 1 reviewed intake signal · Desk window 17:56

TL;DR

According to data from the Sheba credit card company, Israeli consumer spending via credit cards fell 23.4% on Monday compared to the previous Monday, as the escalation with Iran continues. The data reflects a sharp decline in economic activity amid heightened security tensions.

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