Israel’s October Card Spending Rises 12.5% as Daily Average Slows

Israeli card spending reached NIS51.593 billion in October, up 12.5% from NIS45.867 billion a year earlier, according to Shva figures released on November 5. The monthly total was more than NIS5.7 billion higher than in October 2025. The release covers spending recorded through Israel’s card-payment system and includes separate figures for online purchases, purchases at physical businesses and cash withdrawals. The daily average moved in the opposite direction compared with the preceding month. Card spending averaged NIS1.664 billion a day in October, down 6.2% from NIS1.775 billion in September. It was the first month in which the daily average fell below NIS1.7 billion after four consecutive months above that level. Online purchases totaled NIS29.514 billion, an annual increase of 15.8%. Their daily average was NIS952.1 million, down 7.7% from September. Spending at physical businesses reached NIS22.079 billion, up 8.3% from October 2025, while its daily average declined 4.2% from September to NIS712.2 million. Restaurants, cafes and fast-food businesses recorded NIS4.048 billion in spending, about 18% more than a year earlier. Clothing and footwear spending rose 14.5% to NIS2.762 billion, and electronics spending increased 13.5% to NIS2.921 billion. Hotels and accommodation recorded about NIS998 million, down 9.8%. Separately, bank ATM withdrawals totaled NIS5.156 billion, down 4.2% year over year; the daily withdrawal average fell 11.1% from September to NIS166.3 million.