Israel's February CPI reading above expectations

• Published date: 15 March 2023
• Publication title: Globes (Rishon LeZion, Israel)

There were notable price rises in February in fresh fruit and vegetables (3.8%), culture and entertainment (0.9%), food (0.8%), and transport (0.5%)

There were notable price falls last month in clothing and footwear (3.3%), and communications (0.4%).

Changes in home prices are published at the same time as the CPI but are not included in it. In December-January 2022/2023 housing prices rose 0.1% in comparison with November-December 2022, and have risen 14.6% in comparison with December-January 2021/2022, which is the lowest annual rise...