Israel’s Shopper Value Index (CPI) was unchanged in February 2025 in response to figures launched by the Central Bureau of Statistics in the present day. Analysts had predicted a 0.2%-0.3% rise, after the CPI had risen 0.6% in January 2025, partly as a consequence of tax hikes. The February studying brings annual inflation in Israel down to three.4% from 3.8% on the finish of January, bringing inflation nearer to the higher restrict of the Financial institution of Israel’s annual goal vary of three%.
Distinguished worth will increase had been in recent fruits, which rose 10.5%, tradition and leisure, which rose 0.8%, communications, which rose 0.7% and meals and rents, which every rose 0.3%.
Distinguished worth declines had been in recent greens, which fell 7.1%, clothes, which fell 3%, and housing companies, which fell 0.3%.
The Central Bureau of Statistics has additionally revealed the change in residence costs (which aren’t a part of the overall CPI) between November-December 2024 and December-January 2024/2025. On common, costs rose 1.2%, after rising 0.4% the earlier month. Within the breakdown by area, costs rose by 3% in Jerusalem, 1.8% within the north, 0.1% in Haifa, 0.2% within the middle, 1.8 % in Tel Aviv, and 1.1% within the south. Costs of latest flats rose 1.7%.
Within the comparability between December-January 2024/2025 and December-January 2023/2024, the index of housing costs rose 7.7%. Within the breakdown by area, costs rose by 10.3% in Tel Aviv, 9.9% within the north, 9.5% in Haifa, 5.6% in Jerusalem, 5% within the middle, and 4.5% within the south. Costs of latest flats have risen by 5.4% over the previous 12 months.
Printed by Globes, Israel enterprise information – en.globes.co.il – on March 14, 2025.
© Copyright of Globes Writer Itonut (1983) Ltd., 2025.
