Food prices in Israel may rise sharply - what will become more expensive first

Cursor Info reports a possible new wave of food price increases in Israel due to rising global food prices. The FAO global index reached 136 points in September — the highest since November 2022. Particularly sensitive for Israel could be the rise in grain prices, as the country imports about 98% of its grain consumption.

Cursor Info reports that a new wave of food price increases may begin in Israel due to a sharp rise in global food prices. The FAO global food price index rose to 136 points in September 2026, reaching its highest level since November 2022. The indicator increased by 1.5% over the month and by 5.8% compared to the same period last year. One of the main factors was a sharp increase in sugar prices — the corresponding index rose by 6.1%. Grains increased by 5.1%, and vegetable oils rose by 0.9%. The increase is linked to disruptions in shipping through the Black Sea and the Strait of Hormuz, adverse weather conditions, and expectations of reduced supplies from several major producing countries. Particularly sensitive for Israel could be the rise in grain prices, as the country imports about 98% of its grain consumption, or approximately 5.4 million tons annually. Rising feed wheat prices may additionally affect the cost of meat, eggs, and dairy products. The current situation is superimposed on an already prolonged increase in food costs in the country: since 2018, Israel's food index has increased by 22.8%, while the overall consumer price index over the same period rose by 18.9%. FAO Chief Economist Maximo Torero warns that the increase in food costs on the global market may gradually reach retail stores.