Israel's 2014 ban on non-zero price endings eliminated a small rounding tax but shifted retailers to 90-ending prices, likely raising shopper costs by 0.27 to 0.66 percent of fast-moving consumer goods revenue.
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Price Setting Rules, Rounding Tax, and Inattention Penalty
Israel's 2014 ban on non-zero price endings eliminated a small rounding tax but shifted retailers to 90-ending prices, likely raising shopper costs by 0.27 to 0.66 percent of fast-moving consumer goods revenue.