The annual inflation rate in June fell to 1.6%, its lowest level since 2021, according to data reported by Amit Segal (N12). The consumer price index was unchanged from the previous month. Apartment prices recorded a 1% monthly decline, the steepest in eight years.
Tonight at 18:30 Jerusalem, The Zioneer reported from ynet that Israel's annual inflation rate fell to 1.6% in June — the lowest since 2021. Simultaneously, we reported that the June CPI was unchanged month-over-month and that apartment prices fell 1% in June, the steepest monthly decline in eight years, with an annualized rate of 2%.
Now, at 18:46 Jerusalem, the annual inflation rate of 1.6% has been confirmed by an additional report from Amit Segal (N12), citing the same data. The annual rate is now below the Bank of Israel's 1–3% target range.
The new figure adds to a broader trend of cooling housing costs: as The Zioneer reported earlier this month, apartment sales fell 19% year-on-year in April, and land prices declined 4.9% between 2024 and 2025.
No official response from the Bank of Israel has been reported yet.
4 developments
- DevelopingSmotrich criticizes Bank of Israel governor over 'minimal' rate cut
- StrongAnnual inflation steadies at 1.9% after governor signals rate-cut easing
- DevelopingAnalysts assess Bank of Israel will cut interest rate by quarter point tomorrow
- StrongBank of Israel Cuts Rate to 3.5%, Warns Recovery Depends on No Renewed Fighting
Source and signal
- Internal intake