Israel’s inflation fee falls to 1.5%
Israel’s Client Worth Index rose by 0.3% in July as compared with June, the Central Bureau of Statistics introduced at the moment. The studying is consistent with analysts’ forecasts of an increase of 0.2-0.3%. For the twelve months to the top of July, the speed of inflation was 1.5%, down from 1.6% within the twelve months to the top of June, and nicely throughout the Financial institution of Israel’s 1-3% goal fee.
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There have been notable rises in July within the transport merchandise, which rose 1.4%, tradition and leisure, which rose 1.1%, and housing, which rose 0.7%. There have been sharp falls in clothes and footwear (-4.6%), recent produce (-3.5%) and furnishings and residential tools (-0.7%).
The Residential Constructing Enter Worth Index fell by 0.1% in July. Within the twelve months to the top of July, it rose by 3.5%, primarily due to a 5.4% rise in wages for staff within the trade. For 2026 up to now, the index is up 2.6%.
The Residence Worth Index (which isn’t a part of the overall CPI) rose by simply 0.1% between April-Might 2026 and Might-June 2026. For the twelve months to the top of June 2026, the index fell by 1.5%.
In Jerusalem, the Residence Worth Index rose by 1.8% between April-Might 2026 and Might-June 2026, and in Haifa it rose 1.5%. Within the central district there was a 1% fall, and there was a 0.7% fall in Tel Aviv.
New residence costs rose by 0.5% between the 2 durations.
In rents, the development was combined. For tenants renewing leases, rents rose 2.6%. In new leases, there was a 4.7% rise.
Market sources estimate that though the moderation within the annual inflation fee to 1.5% helps an rate of interest minimize, the persevering with pressures within the housing market and the rise in rents for brand spanking new tenants, along with the volatility in oil costs and within the shekel alternate charges could lead on the Financial institution of Israel to retain a cautious financial coverage in its subsequent rate of interest choice.
Printed by Globes, Israel enterprise information – en.globes.co.il – on August 14, 2026.
© Copyright of Globes Writer Itonut (1983) Ltd., 2026.
