Consumer


Israelis Dealing With Major ‘Krembo’ Shortage

Where did all the “Krembos” go? That is a question thousands of Israelis who enjoy the sugary, cream-filled chocolate shell-covered candy puffs have been asking, as the product they seek…

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U.S. Consumer Spending Grows at Fastest Pace Since 2009

U.S. consumer spending recorded its biggest increase in more than eight years in September, likely as households in Texas and Florida replaced flood-damaged motor vehicles, but underlying inflation remained muted.…

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Law to Halt ‘Phony Sales’ Ready for Legislation

The Knesset Economics Committee is preparing for its second and third reading a bill that would prevent retail stores from advertising “sales” that really are not. The law was proposed…

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Gov’t to Increase Olive Oil Imports

The government has announced that it will increase the amount of olive oil that can be imported without duty. Over the next three years, as much as 2,000 tons of…

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Tnuva Fined NIS 25 Million Over Price Fixing

Tnuva, Israel’s largest dairy concern, is set to sign a settlement with the Justice Ministry’s Antitrust Authority, admitting that it sought to limit competition on some of its products that…

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Fish, Apples and Honey: Holiday Favorites, by the Numbers

As Rosh Hashanah approaches, the Agriculture Ministry released statistics regarding some of the “holiday favorites” among Israelis. For example: During the period of the Yamim Nora’im and Sukkos, fish consumption…

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U.S. Consumer Prices Accelerate in August

U.S. consumer prices accelerated in August amid a jump in the cost of gasoline and rents, signs of firming inflation that could allow further monetary policy tightening from the Federal…

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Consumer Confidence Improves Again in August

American consumers give today’s economy the highest grade in more than 16 years. The Conference Board said Tuesday that consumers’ assessment of current economic conditions hit the highest level this…

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U.S. Retail Sales Jumped 0.6 Percent in July

Consumers went out shopping in a big way in July, pushing up retail sales by the largest amount in seven months. Retail sales advanced 0.6 percent last month, the best…

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New Law to Require ‘Sales’ to Be Real

Like consumers around the world, Israeli consumers are attracted to a store when they see the word “sale” – and are disappointed when that sale turns out to be less…

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