Israel’s Client Worth Index (CPI) rose by 0.4% in March 2023, the Central Bureau of Statistics introduced this afternoon. That is throughout the vary of expectations, with analysts predicting an increase between 0.3% and 0.6%. Prior to now 12 months the CPI has risen by 5%, down from 5.2% final month. That is the bottom fee of annual inflation since final September, when annual inflation stood at 4.6%.

There have been notable worth rises in March in clothes and footwear (4.1%), tradition and leisure (0.9%), and housing prices (0.6%).

There have been notable worth falls final month in contemporary fruit (2.8%), and furnishings and family upkeep merchandise (1.6%).

Adjustments in residence costs are revealed concurrently the CPI however are usually not included in it. In January-February 2023 housing costs fell 0.2% compared with December-January 2022/2023, and have risen 12.7% compared with January-February 2022.

Printed by Globes, Israel enterprise information – en.globes.co.il – on April 14, 2023.

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