Inflation
![London UK - June 23 2024: The Eras tour of Taylor Swift at Wembley Stadium in London, England](https://images.jfeed.com/cdn-cgi/image/format=jpeg,fit=contain,width=700/2024/07/18/fd39e7f0-44d8-11ef-9b01-b9b61028cadd__h4000_w6000.jpg)
Unfortunately, the Swift Effect is only temporary and has succeeded in exposing Britain's deeper inflation woes.
![The central bus station in Tel Aviv, on August 3, 2023.](https://images.jfeed.com/cdn-cgi/image/format=jpeg,fit=contain,width=300/2024/06/26/96e0d2e0-3388-11ef-9b01-b9b61028cadd__h268_w400.jpg)
Transportation, Inflation
With many Israelis relying on public transport, this increase is going to put additional pressure on a public already struggling with price increases in other sectors.
![Globes: Israelis are back to buying online - especially from China and supermarkets](https://images.jfeed.com/cdn-cgi/image/format=jpeg,fit=contain,width=300/2024/02/19/bfbf0700-cf1e-11ee-bf85-77a8e5aca77e__h4000_w6000.jpg)
Israel-Gaza War, E-Commerce
An analysis by Globes shows that after a significant drop at the beginning of the war, Israelis are back to ordering online.
![The stock market did tumble in October due to the war, but is now moderating and even showing positive trends.](https://images.jfeed.com/cdn-cgi/image/format=jpeg,fit=contain,width=300/2023/12/31/7d44baf0-a7f0-11ee-8c05-7fe1aa7dfba1__h3342_w5000.jpg)
Israel-Gaza War, Economy
The Bank of Israel reported that its Composite State of the Economy Index showed that the negative effects of the war on the economy had moderated in November, its second month.
![No stopping: the dollar crossed the 3.8 NIS threshold this morning](https://images.jfeed.com/cdn-cgi/image/format=jpeg,fit=contain,width=300/2023/08/21/52d9f350-400a-11ee-9ec0-d7e3e0d69f1c__h331_w650.jpg)
The Dollar Continues to Rise
The dollar continues to rise, and this morning at the opening of the trading week in the local foreign exchange market, the dollar crossed the threshold of 3.8 NIS. This could lead the Bank of Israel to raise the interest rate again