Strong shekel squeezes Israeli exporters after dollar falls below NIS 3
One exporter said the stronger shekel and a new 15% U.S. tariff have added 35% to product prices.
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Economy
Macro indicators, policy shifts, and economic forces shaping growth and inflation.
Israel's strong shekel squeezes exporters
The dollar touched 2.98 shekels, a 30-year low, and one exporter said tariffs and the stronger shekel added 35% to its product price.
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Strong shekel pinches Israel exporters and nonprofits
A. Grebelsky & Son says a 75% U.S. sales mix and a new 15% tariff are driving a 35% price jump as the shekel strengthens.
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Michigan survey shows record-low U.S. sentiment after gas shock
U.S. consumer sentiment fell to a record low in April as gasoline prices surged after the Iran war, with the University of Michigan index at 49.8.
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US consumer sentiment hits record low as Iran war lifts inflation expectations
US consumer sentiment fell to a record low in April as war in Iran and higher gas prices pushed year-ahead inflation expectations to 4.7%.
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Venezuela recovery: official optimism meets weak purchasing power
Venezuelans still buy little on credit as officials tout growth and oil output, while shuttered stores and protests show the recovery remains narrow.
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Consumer sentiment sinks to record low as inflation fears rise
U.S. consumer sentiment fell to 49.8, a record low, as inflation fears stayed high despite lower pressure on gas prices after the U.S.-Iran ceasefire.
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U.S. consumer sentiment hits record low 49.8 in April amid Gulf fuel shock
The University of Michigan index fell to an all-time low of 49.8 in April as higher fuel costs tied to the Iran war hit household sentiment.
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U.S. consumer sentiment hits record low in April
Russia cut its key rate to 14.5% for the eighth straight time, even as the central bank flagged slowing demand, weak investment and “unfavourable weather conditions.”
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Record-low U.S. consumer sentiment diverges from stock market highs
Consumer sentiment hits a record low as war in Iran, higher gasoline prices and tariffs revive inflation fears, even with U.S. stocks near highs.
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Consumer sentiment sinks to record low on inflation fears
U.S. consumer sentiment hit a record low in April as inflation fears rose even after a ceasefire with Iran briefly eased war jitters.
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U.S. consumer sentiment hits record low on inflation fears
U.S. consumer sentiment fell to a record 49.8 in April as inflation expectations jumped and fuel costs kept rising.
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