Israel’s Consumer Price index rose by 0.1% in June, which is in line with analysts’ expectations. The index has risen by 1.6% in the year to date, and in the twelve months to the end of June it rose by 1.7%.
There were prominent price rises in June in fresh vegetables (1.4%) and food (0.8%). Prices of fresh fruit, on the other hand, fell by 8.2%, and clothing and footwear prices fell by 3%.
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A comparison of prices in residential real estate deals in April-May with deals in March-April this year shows that prices rose by 0.7%. In comparison with the April-May period in 2020, prices rose by 7.2%.
The year-on-year comparison shows price rises in all districts: north – 8.8%; central – 7.3%; Tel Aviv – 6.9%; Jerusalem – 6.8%; Haifa – 6.1%; and 6.0% in the southern district.
Published by Globes, Israel business news – en.globes.co.il – on July 15, 2021
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