Knesset panel probes food price gap as shekel weakens

The Knesset Economics Committee held a hearing on food and pharmacy prices that have not reflected the dollar's decline against the shekel, which the panel said harms consumers. Committee data showed food prices in Israel rose 0.2% from August 2025 to April 2026, while European Union prices fell 1.1% over the same period. The committee asked the Finance Ministry and the Competition Authority to submit a plan for addressing concentration in the food sector.

2 developments

1. 4 hours ago · 13:35 · 17 JunLatest

   Committee demands Finance Ministry and Competition Authority submit plan to address sector concentration

2. 13:33 · 17 Jun

   Knesset panel probes food price gap as shekel weakens

• Developingyesterday · 15:34 · 16 JunShekel softens slightly; dollar and euro edge up in Tuesday fixing
• Developing19:12 · 9 JunManufacturers warn of closures as shekel strengthens, demand govt action
• Strong2 days ago · 17:29 · 15 JunShekel strengthens as Bank of Israel fixes dollar at 2.907 after technical glitch fix
• Developing6 days ago · 14:22 · 11 JunFinance Ministry drafts aid program amid dollar collapse

Source and signal

A single-sourced dispatch is never rated Confirmed or Strong. Its Signal strengthens only when a second, independent source corroborates it.

• Internal intake