Nir Barkat urged not to buy products from one of the companies

by times news cr

2024-03-15 16:54:09

Israel’s Minister of Economy, Nir Barkat, addressed residents of the country, urging them to stop purchasing Osem products.

This proposal followed after Osem announced a price increase for its goods a month earlier. Barkat emphasized that Osem is not Israeli-owned (it is being bought by Nestle) and criticized it for its decision to raise prices during the war.

Barkat also appealed to major food producers and distributors to avoid price increases. He warned that otherwise he would be prepared to blacklist such companies and apply special regulatory restrictions to them. As an example, he mentioned the actions of the Osem company, which increased the cost of cookies, pasta, ketchup and other products by 9%.

The minister also expressed his dissatisfaction with the refusal of the Strauss company to cancel the previously announced price increase and called on citizens to take a more informed approach to purchases.

In response, Strauss stated its commitment to transparency as a public company in Israel and its commitment to maintaining fair and competitive prices for consumers. The company also announced that it would provide more discounts than originally announced.

According to press reports, Nir Barkat is working on a bill aimed at food producers who raised prices after October 7. Its goal is to legally oblige retailers to use special black labels for goods that have become more expensive during the war.

Previously, Cursor reported that the shekel exchange rate is growing rapidly and recently set a 9-month record.


2024-03-15 16:54:09

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