Israelis Spend More – Data on Purchases and Fuel

In July 2026, Israelis set a spending record: 54.857 billion shekels via cards and ATMs, up 5.8% from last year. Average daily spending rose 3.1% to 1.771 billion. Online purchases reached 31.9 billion. Gasoline consumption recovered after the spring conflict: June sales hit 299,000 tons, the second-highest ever. The price per liter rose to 8.09 shekels due to the closure of the Strait of Hormuz.

Israelis set a new financial spending record in July 2026. According to Sheva, the company managing national payment systems, total credit card and ATM spending reached 54 billion 857 million shekels. This exceeds last year's figures by 5.8% (nearly 3 billion shekels). Average daily spending was 1.771 billion shekels, up 3.1% from June. Online purchases reached 31.9 billion shekels for the month. The increase is attributed to summer vacations, holidays, and family trips. Meanwhile, the transportation sector is recovering. According to a report from the Ministry of Energy, published by The Times of Israel, gasoline consumption exceeded pre-war levels. In March 2026, sales of unleaded 95-octane gasoline fell to 234,000 tons due to rocket attacks, but in May they reached 294,000 tons, and in June 299,000 tons, the second-highest June figure on record. Fuel prices rose: in June a liter cost 8.07 shekels, in August 8.09 shekels, about 15% above pre-war levels. The cause was Iran's closure of the Strait of Hormuz, which led to a more than 50% increase in the cost of oil product deliveries between March and April. In the Palestinian Authority, there has been a fuel shortage for three weeks, which local officials attribute to internal economic agreements.