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CPI up 0.3% in April, well below expectations The Consumer Price Index has risen 1.1% since the start of 2021, while housing prices have risen 4.5% over the past year. Israel s Consumer Price Index (CPI) rose 0.3% in April 2021, the Central Bureau of Statistics reports, well below the analysts consensus of 0.6%. Since the start of 2021, the CPI has risen 1.1% and over the past 12 months, the CPI has risen 0.8%. The relatively low inflation figure for April, strengthens the Bank of Israel s belief that inflation has stabilized at between 1% and 2.5% annually. According to the most recent statement by Bank of Israel Governor Amir Yaron, it would take a real jump in inflation to change policy. It seems that the Bank of Israel was right and the 0.6% rise in the CPI in March was a temporary aberration.

Israel generalTel avivAmir yaronCentral bureau of statisticsConsumer price indexCentral bureauIsrael governor amir yaronCentral israelஇஸ்ரேல் ஜநரல்தொலைபேசி அவிவ்அமீர் யாறோன்மைய பணியகம் ஆஃப் புள்ளிவிவரங்கள்நுகர்வோர் ப்ரைஸ் குறியீட்டுமைய பணியகம்இஸ்ரேல் கவர்னர் அமீர் யாறோன்மைய இஸ்ரேல்