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Netanyahu: Young couples in Israel are about to run out of money to buy food

Benjamin Netanyahu, leader of Israel’s opposition leader Likud party, said young couples in his country would soon be unable to afford food.

The official “Blood” channel reported that this statement came at a meeting of the Likud parliamentary faction, which commented on rising apartment prices in Israel.

And the report of Israel’s Central Bureau of Statistics (official) revealed that in early May, the inflation rate continued to rise, reaching 4%.

Housing prices in the country rose 1.9 percent from last February to March, reaching a massive 16.3 percent, with a 12-month cumulative increase.

According to the data, the inflation rate recorded in Israel is the highest since 2011, while the average house price is the highest since 2010.

The average rental price for an apartment in Israel in the first quarter of 2022 was 4,153 shekels (about 1,217), compared to 4,112 ($ 1,205) in the previous quarter.

Source: Sputnik

Source: Arabic RT

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