Unexpectedly low February CPI reading cuts inflation

Unexpectedly low February CPI reading cuts inflation

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.

© Copy Publish Publisher Itonut (1983) Ltd. , 2025.


CPICutsFebruaryInflationreadingunexpectedly