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March CPI higher than expected, housing prices rise

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The consumer price index (CPI) increased by 0.5 % in March 2025, according to the numbers issued by the Central Bureau of Statistics today. Analysts expected a 0.4 % increase, after the consumer price index has not changed in February 2025. March's reading reaches annual inflation in Israel to 3.3 % than 3.4 % at the end of February, making inflation closer to the upper limit than the annual target of Israel, but not by 3.1 % of inflation in inflation.

Price increases in March were in clothes and shoes, which increased by 2.2 %, culture and entertainment, which increased by 1.5 %, fresh fruits, which increased by 1.3 % and housing services, which increased by 1.2 %.

The high prices in furniture, home equipment, and communications, each decreased by 0.4 %.

The Central Bureau of Statistics also published the change in home prices (which is not part of the public consumer price index) between December 2024/2025 and JNEW-Furny 2025. On average, prices rose 0.9 %, after a rise of 1.2 % in the previous month. In the collapse of the region, prices increased by 1.4 % in Jerusalem, 1.8 % decreased in the north, and 0.9 % in Haifa, by 0.3 % in the center, increased by 1.5 % in Tel Aviv, and 1.1 % in the south. The prices of new apartments increased 1 %.

In the comparison between January 2025 and Forber-Febeard 2024, the housing price index increased by 7.5 %. In the collapse of the region, prices increased by 11.7 % in the north, 9.7 % in Tel Aviv, 8.8 % in Haifa, 6.8 % in Jerusalem, 5.1 %, and 3.8 % in the center. The prices of new apartments increased by 6.4 % during the past year.

It was published by Globes, Israel Business News – En.globes.co.il – on April 15, 2025.

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


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