Israel’s Consumer Selling price Index (CPI) rose .4% in June, the Central Bureau of Figures reported this afternoon, beneath the economists’ anticipations of .5%. This is the 2nd successive thirty day period that the CPI has been underneath the economists’ forecasts.

Even so inflation stays at its best amount in Israel for far more than a decade. Inflation over the earlier 12 months is now 4.4%, effectively earlier mentioned the Bank of Israel’s annual concentrate on range for inflation of in between 1% and 3%, and this is possible to result in the Lender of Israel again climbing curiosity charges next month, in get to restrain inflation. But inflation continues to be properly underneath charges found somewhere else, including the US, where by it is at the moment functioning at 9.1% annually.




Similar Articles




Bank of Israel tackles inflation, but at what price tag?



Financial institution of Israel raises desire rate by .5%







Amid the well known rises in prices in June, had been transportation 2.4% and housing costs .7%, lifestyle and entertainment .7% and wellness expenses .6%. Amongst the well known cost falls in June, refreshing fruit and greens fell 8.5%, and clothes and footwear fell 3.4%.

Housing charges rose 1.4% in April-May well in contrast with March-April and have risen 15.9% above the earlier 12 months, up from 15.4% last month, the Central Bureau of Statistics reported.

In April-Could when compared with March-April, housing costs in Tel Aviv rose 1.9%, 1.6% in Jerusalem, 1.4% in the north, 1.3% in Haifa, 1.2% in the south, and 1.1% in central Israel.

Over the 12 months prior to April-Could housing prices rose 19.5% in central Israel, in Tel Aviv (15.3%), in Jerusalem (14.6%), in Haifa (14.4%), in the south (14.2%), and in the north (12.8%).

Revealed by Globes, Israel company information – en.globes.co.il – on July 15, 2022.

© Copyright of Globes Publisher Itonut (1983) Ltd., 2022.