Average Israeli Salaries Drop 2.68 Percent in One Month

In December salaries stood at 9,564 shekels, in January at only 9,308.

Factory workers in Yokne'am.
Factory workers in Yokne'am.Credit: Ofer Vaknin

The average Israeli salary fell a substantial 2.68 percent between December and January, from 9,564 shekels (about $2,730) to 9,308 shekels, the Central Bureau of Statistics reported Monday, releasing its most up-to-date figures on the subject.

The hardest-hit sectors were two that can ill afford it: construction, where salaries fell nearly 6 percent, and car trade and repair, where salaries dropped 6.75 percent. In both industries, monthly wages run about 1,000 shekels a month below the national average.

Meanwhile, in the public infrastructures sector (electricity, water, sewage and waste treatment), where salaries are nearly double the nationwide average, wages rose 1.5 percent between December and January.

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