THE 10 YEAR FINANCIAL CHALLENGE 2009-2019

CATEGORY / PRODUCT 2009 2019 Average wage NIS 7,836 NIS 10,139 VAT 15.50% 17.00% Interest – Bank of Israel 3.18% 0.25% Petrol – Benzin 95 NIS 4.75 NIS 6.04 Water (private consumption) NIS 4.10 NIS 6.89 Electricity NIS 0.54 NIS 0.55 Subsidized bread NIS 4.64 NIS 5.12 Milk in a carton (2011) NIS 6.22 NIS 5.75 Eggs – large 12 (2011) NIS 12.11 NIS 11.45 Mobile phone Charged p/call and internet NIS 40 Average rent NIS 3,300.00 NIS 5,600.00 The average price of a flat NIS 950,000.00 NIS 1,500,000.00 As you can see that within 10 years finances have drastically...