Israel's annual inflation rate ticked down to 1.9%, within the Bank of Israel's 1-3% target range, according to a report by Yuval Sadeh broadcast by N12. The figure reflects a continued moderation from higher levels in prior months.
Israel's annual inflation rate fell to 1.9% in the latest reading, landing inside the Bank of Israel's target range of 1-3% for the first sustained period this year, according to a report by N12 economic correspondent Yuval Sadeh. The figure marks a continued decline from recent peaks and suggests price pressures are easing. Core inflation and sectoral breakdowns were not detailed in the initial report. The Bank of Israel is expected to factor the data into its next interest-rate decision.
3 developments
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- StrongU.S. inflation hits 4.2% in May, core at 2.9% — energy prices lead surge
- DevelopingLand prices fell 4.9% in Israel in 2024-2025, first official index data shows
Source and signal
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