Study: Supermarket Food Basket Prices Rose by Around 19% in Four Years

Tel Aviv University researchers found that the pace of food price increases over the past four years was nearly five times higher than in the preceding period.

Food prices across retail supermarket chains in Israel surged by up to roughly 20% over the past four years, according to a study by Tel Aviv University researchers reported by Globes and Arutz 7.

The study examined the prices of 80 products sold across grocery chains. The researchers found that the rate of price increases over the last four years was almost five times higher than during the four years prior.

According to Globes and Reshet 13, general inflation in the Israeli economy reached approximately 12.5% over the same timeframe, whereas the official consumer food price index indicated a more moderate increase than the basket analyzed in the research.