Fuel prices to rise - here are all the sectors in the economy that will increase as a result

Fuel prices jump tonight by 52 agorot per liter, with the price of a liter of 95-octane gasoline reaching 8.27 shekels. Filling a full tank (50 liters) will cost about 413.5 shekels, about 26 shekels more than last month. The economic system fears a domino effect that will cause a broad wave of price increases across the economy, including shipping, food products, public transportation, renovations, online shopping, and flights.

Fuel prices in Israel jump tonight (between Wednesday and Thursday) by 52 agorot per liter, following an announcement by the Fuel and Gas Administration in the Ministry of Energy and Infrastructure. The maximum price for a liter of unleaded 95-octane gasoline at a self-service station will stand at 8.27 shekels, an increase of 52 agorot from the previous update. Filling a full 50-liter tank will now cost about 413.5 shekels, about 26 shekels more than last month. The surcharge for full service remains unchanged at 26 agorot per liter. The economic system fears a domino effect that will cause a broad wave of price increases across the economy. The sectors that may raise their product prices due to the increase in fuel prices include: deliveries and shipping (furniture, electrical appliances, goods for stores), food products (vegetables, fruits, meat, fish, and refrigerated products through transportation, distribution, and agricultural equipment), public transportation (buses, taxis, and shuttle vehicles, although regulated fares do not automatically increase), the renovation sector (transport of sand, concrete, blocks, iron, and heavy equipment), online shopping (home deliveries and warehouse distribution), and flights and tourism (jet fuel as a significant component in airline costs).

Fuel prices to rise - here are all the sectors in the economy that will increase as a result