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Tag: consumer spending

Businessmarkets

Israelis Shop on Day Off, But Spend Less Than in 2022

Recent data from Israel indicates that while citizens took advantage of a official day off to head out for shopping, overall spending remained lower compared to 2022 figures. This trend highlights a cautious consumer approach amid ongoing economic adjustments. Analysts point to shifting priorities and financial caution among households as primary factors driving down aggregate retail numbers despite high foot traffic in commercial centers.