Rosh Hashanah is the Jewish New Year, a significant religious and cultural event in Israel, marking the beginning of the High Holy Days. While not an economic event per se, it affects the economy as businesses and markets may close or operate on reduced hours, impacting short-term economic activity and trading volumes. Its importance lies in its cultural significance, leading to increased consumer spending on food and gifts, which can provide a temporary boost to certain sectors. Financial markets in Israel typically experience lower liquidity and trading volumes during this period.
Rosh Hashanah is the Jewish New Year, a significant religious and cultural event in Israel, marking the beginning of the High Holy Days. While not an economic event per se, it affects the economy as businesses and markets may close or operate on reduced hours, impacting short-term economic activi...