Israel's Consumer Price Index Drops Slightly in October; Annual Inflation at 1.1%
Translated & summarized from Channel 13 by baba
Israel's Consumer Price Index fell 0.1% in October, with the annual inflation rate standing at 1.1%. The housing market saw a 0.2% decrease in transactions, though rental prices rose significantly. Notable price drops occurred in fresh fruits and transportation, while clothing and fresh vegetables saw notable increases.
The story in 5 lines · by baba
- Israel's Consumer Price Index decreased by 0.1% in October.
- The annual inflation rate in Israel for the last 12 months is 1.1%.
- Housing market transactions dropped by 0.2% in August-September 2026.
- Rental prices increased by 2.8% for renewing tenants and 5.5% for new tenants.
- Fresh fruit prices fell 2.8%, while clothing prices rose 4.1%.
Israel's Consumer Price Index (CPI) saw a decrease of 0.1% in October compared to September, according to data released by the Central Bureau of Statistics. Over the past 12 months, the index has risen by 1.1%.
In the housing market, the number of transactions fell by 0.2% in August-September 2026 compared to July-August 2026. Price changes varied by district: Tel Aviv experienced the largest drop in apartment prices at 0.8%, while Haifa saw a 0.8% increase. The Northern district's prices rose by 0.4%, the Southern district's fell by 0.6%, and the Central district's by 0.2%. Prices in Jerusalem remained unchanged.
Rental prices increased significantly for both renewing tenants, up 2.8%, and new tenants, up 5.5%. Notable price decreases were observed in fresh fruits (down 2.8%), transportation (down 1.4%), and owner-occupied housing services (down 0.5%). Conversely, clothing and footwear prices surged by 4.1%, fresh vegetables by 3.5%, apartment maintenance by 0.4%, and furniture and household equipment by 0.3%.
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