Despite the war, wages are robust in Israel, particularly in the h-tech sector.
The Central Bureau of Statistics reveals that wages in Israel rose by 7.3% from 12,891 to 13,506 NIS between April 2023 and April 2024.
With this amount adjusted for inflation, the increase was 4.4% between April 2023 and 2024.
This indicates economic health amid the challenges of the Gaza war and high inflation.
The hi-tech sector saw the strongest wages with an average of NIS 31,976, up 7.9% from April 2023.