The Consumer Price Index (CPI) rose by 0.2% in April, the Central Bureau of Statistics reported this evening. The CPI has risen by 0.7% over the past 12 months, below the Bank of Israel's 1-3% target range for inflation.
Notable price rises during April were: fresh fruit (5.6%), fashion and footwear (1.8%) and entertainment and culture (1.5%).
The Central Bureau of Statistics also published the Home Prices Index for March 2017. Prices fell 0.5% in March and fell 2.9% in the first quarter of 2017. Home prices have risen 4.7% over the past 12 months.
Published by Globes [online], Israel business news - www.globes-online.com - on May 15, 2017
© Copyright of Globes Publisher Itonut (1983) Ltd. 2017
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