Smotrich says economy ‘strong and stable’ but admits inflation worse than forecast

Israel's economy is strong and stable, but inflationary pressures have not eased as predicted and the shekel has weakened against the US dollar, causing concerns about the impact of the proposed judicial overhaul on the economy.

timesofisrael.com

Relevant topic timeline:

8/18/2023

The Outlook for the Economy Has Improved. And Yet.

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9/5/2023

Israeli shekel sees 10.34% decline vs. USD since 2023 - new research

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9/9/2023

JPMorgan and Deutsche Bank Warn of Long-Term Weakness for Israeli Shekel Amid Domestic Political Turmoil

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9/10/2023

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9/15/2023

Israeli Inflation Rises Again in August, Prompting Concerns Over Judicial Changes

Israel's annual inflation increased to 4.1% in August, surpassing the central bank's target range of 1%-3%, as consumer prices rose by 0.5%, driven by increases in the cost of fresh vegetables, culture and entertainment, transportation, and housing.