The consumer price index in Israel (CPI) did not change in February 2025, according to the numbers issued by the Central Bureau of Statistics today. Analysts expected 0.2 % -0.3 %, after the consumer price index increased by 0.6 % in January 2025, partly due to the tax increase. February reading from annual inflation in Israel reaches 3.4 % than 3.8 % at the end of January, making inflation closer to the upper limit of the annual target of the 3 % annual Israel.
Price increases in fresh fruits, which increased by 10.5 %, culture and entertainment, which increased by 0.8 %, communications, which increased by 0.7 %, food and rents, each increased by 0.3 %.
The high prices in fresh vegetables, which decreased by 7.1 %, clothes, which decreased by 3 %, and housing services, which decreased by 0.3 %.
The Central Bureau of Statistics also published a change in home prices (which is not part of the public consumer price index) between November to December 2024 and December-2024/2025. On average, prices rose by 1.2 %, after an increase of 0.4 % in the previous month. In the collapse of the region, prices increased by 3 % in Jerusalem, 1.8 % in the north, 0.1 % in Haifa, 0.2 % in the center, 1.8 % in Tel Aviv, and 1.1 % in the south. The prices of new apartments increased by 1.7 %.
In the comparison between December-2024/2025 and December-January 2023/2024, the housing price index increased by 7.7 %. In the collapse of the region, prices increased by 10.3 % in Tel Aviv, 9.9 % in the north, 9.5 % in Haifa, 5.6 % in Jerusalem, 5 % in the center, and 4.5 % in the south. The prices of new apartments increased by 5.4 % during the past year.
It was published by Globes, Israel Business News – En.globes.co.il – on March 14, 2025.
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