2 View gallery <\/p>\n
![\"\u05ea\u05d3\u05dc\u05d5\u05e7\"](\"https:\/\/www.newsbeep.com\/us\/wp-content\/uploads\/2026\/04\/ByMVX6tRT_0_31_800_450_0_x-large.jpg\" "\\"Fuel")
<\/a><\/p>\n
Fuel is becoming more expensive again<\/p>\n
(Photo: Amit Shaal)<\/p>\n
The rise in fuel prices will have a significant effect on the April consumer price index, which will be published in two weeks, on May 15, and is expected to be especially high, rising by 1.3% to 1.5%. Such a sharp increase would push Israel\u2019s annual inflation rate back above 2%, since the April 2025 index rose by \u201conly\u201d 1.1%.<\/p>\n
That means annual inflation will rise from 1.9% to 2.1%-2.3%, likely preventing the Bank of Israel\u2019s Monetary Committee from cutting interest rates<\/a> at its next decision on May 25.<\/p>\n The April index is also expected to be affected by a sharp rise in agricultural produce prices over the past month, a trend expected to continue in May. The increase stems in part from a lack of fruit and vegetable imports to Israel, as there had been in the past from Turkey, the Gaza Strip and Jordan.<\/p>\n Substitutes from Europe are expensive, while crops near the Lebanon border and in the Gaza border communities have been damaged and greatly reduced because of the prolonged war.<\/p>\n A significant share<\/p>\n Additional price increases that will weigh on Israeli consumers\u2019 pockets and bank accounts are in dairy products. State-regulated dairy products will become 1% more expensive starting Friday. As a result, Tnuva announced that beginning Sunday it will raise prices of shelf-stable milk and unregulated white cheeses by about 1.2%. It also said it would raise butter prices by 4.8%.<\/p>\n Tara Dairy is also raising prices<\/a> of unregulated dairy products by an average of 2.3%, doing so immediately after Shavuot. Tara butter will rise by 2.9%. Gad Dairy also announced that from June 1 it will raise dairy product prices by an average of 1.9%.<\/p>\n Dairy products account for a very significant share of the Israeli family\u2019s consumption basket, especially among weaker and larger families, meaning the increase amounts to dozens of shekels a month for an average family. Additional companies plan to raise prices of dairy products and unregulated food products by 3%-5% over the next two months.<\/p>\n Rent is climbing<\/p>\n According to economists\u2019 estimates, due to growing excess demand, mainly in central Israel, rent prices are expected to rise<\/a> in the coming months by at least 5%-6%, especially ahead of the main months for tenant turnover and new lease signings during the \u201csummer vacation\u201d period in July and August.<\/p>\n 2 View gallery <\/p>\n ‘For Rent’ sign on an apartment in Tel Aviv<\/p>\n (Photo: Orel Cohen)<\/p>\n![\"\u05e9\u05dc\u05d8](\"https:\/\/www.newsbeep.com\/us\/wp-content\/uploads\/2026\/04\/ByCYaOb00Wl_0_263_3000_1688_0_x-large.jpg\" "\\"'For")
<\/a><\/p>\n