March CPI higher than expected, the prices of apartments are rising

Date:

The Israeli consumer price rate (CPI) increased by 0.5% in March 2025 in accordance with data published by Central Bureau of Statistics. Analysts provided a rise of 0.4% after CPI was not modified in February 2025. The marching reading will reduce the annual inflation in Israel to three.3% from 3.4% at the end of February, bringing inflation to the upper limit of the goal bank of the goal bank of Israel by 3%, but not as close as the 3.1% of inflation is anticipated.

In March, a big increase in prices was in clothing and footwear, which increased by 2.2%, culture and entertainment, which increased by 1.5%, fresh fruit, which increased by 1.3%and housing services, which increased by 1.2%.

Outstanding price drops were in furniture and household equipment in addition to communication, each of which fell by 0.4%.

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The Central Bureau of Statistics also published a change in house prices (which are not part of the general CPI) between December to January 2024/2025 and January 2025. On average, prices increased by 0.9%, to a rise of 1.2% in the previous month. In a failure, in accordance with the region, prices increased by 1.4% in Jerusalem, 1.8% in the north, 0.9% in hajf, they fell by 0.3% in the center, increased by 1.5% in Tel Aviva and 1.1% in the south. The prices of latest apartments have increased by 1%.

In comparison between January-February 2025 and January-February 2024, the flat price index increased by 7.5%. In a failure in accordance with the region, prices increased by 11.7% in the north, 9.7% in Tel Aviv, 8.8% in hajfie, 6.8% in Jerusalem, 5.1% and three.8% in the center. Prices of latest apartments have increased by 6.4% over the past 12 months.

Published by Globes, Israel Business News – EN.GLOBES.CO.IL – April 15, 2025.

© Copyright of Globes Publisher Iteonut (1983) Ltd., 2025.

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