Al Jazeera: Israel's Economy Thrived Amid Years of Conflict, But Rising Prices Spark Voter Concern
Al Jazeera reported that despite three years of ongoing conflict in the Middle East, Israel's economy remains strong, with GDP growth of 1% in 2024, 2.9% in 2025, and 3.2% in the first half of 2026. The Bank of Israel projects full-year growth of 4% in 2026 and 5.5% in 2027. Over the past three years, the Israeli Shekel has strengthened against the US dollar, and the TA-125 stock index has risen by over 110%. The unemployment rate remains at 2.8%, and inflation is at 1.5%. However, food prices increased by 8% from early 2024 to mid-2026, and the high cost of living has raised concerns among voters.
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