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Expenses on the rise: the volume of expenses on credit is higher than the pre-war average - voila! Of money

2024-02-01T09:01:46.058Z

Highlights: Expenses on the rise: the volume of expenses on credit is higher than the pre-war average. In the 16th week of the "Iron Swords" war, the public's expenses reached the amount of NIS 9.191 billion. This figure reflects an increase of 1.1% compared to an average week in 2023. The trend of recovery in the tourism industries also continued, as did the increases in spending in the pharmaceutical and food industries. The data indicate that the trend of Recovery in the Tourism industry continues.


In the 16th week of the "Iron Swords" war (January 21 to 27), there was a 1.1% increase in the amount of expenses compared to the weekly average in 2023, before the start of the war


A rocket fragment fell in a supermarket in Ashdod.

December 13, 2023/Documentation in social networks according to Section 27 A of the Copyright Law

In the 16th week of the "Iron Swords" war, the public's expenses reached the amount of NIS 9.191 billion, a figure that reflects an increase of 1.1% compared to an average week in 2023.

In the same week, the trend of recovery in the tourism industries also continued, as did the increases in spending in the pharmaceutical and food industries.



Spending on credit cards in the above-mentioned week is NIS 350 million less and a decrease of 3.7% compared to the 15th week of the war, during which the amount of spending on credit reached the amount of NIS 9.544 billion. Spending on credit in an average week from the beginning of 2023 stands at 9.096 billion NIS This



is an increase of 1.8% compared to the corresponding week in 2023 (January 22 to 28) in which the scope of expenditures was NIS 9.028 billion. In the first week of the war, the scope of expenditures was NIS 6.496 billion and since then it has been recovering.

Expenses on the rise: the scope of expenses on credit is higher than the pre-war average/ShutterStock

Tali Hollenberg, Sheba's VP of Marketing, Business Development and Sales says: "For the first time since the beginning of the war, we have had a second week in a row where credit expenses are higher than the pre-war weekly average.

We attribute the continued increase in expenses to the increase in prices in the economy, which is reflected in some of the main consumption sectors, and also to the fact that the intensity of the war has decreased and the release process of reserve forces that return to work and contribute to growth in activity continues.



The data indicate that the trend of recovery in the tourism industry continues, and in particular things are supposed to increase in tourism by Israelis abroad, which is reflected in the increase in spending in the aviation industry and travel agencies."

  • More on the same topic:

  • Credit Card

  • credit cards

  • War of Iron Swords

  • expenses

  • Shopping

  • consumption

Source: walla

All business articles on 2024-02-01

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