i24NEWS EnglishEconomy
Israeli Consumer Prices Decline in October, Housing Market Sees Further Drops
Summarized from i24NEWS English by baba
CenterNeutral tone
Israel's Consumer Price Index fell by 0.1% in October 2026, indicating a slowdown in inflation, while housing prices continued to decline across the country. Key price decreases were seen in fresh fruit and transportation, though clothing and footwear saw increases. The housing market experienced a 0.2% drop in August-September, with an annual decrease of 1.5%, and the average apartment price fell to NIS 2,286,000 in Q3 2026.
The story in 6 lines · by baba
- Israel's Consumer Price Index decreased by 0.1% in October 2026, signaling easing inflation.
- Housing prices in Israel continued to fall, with a 0.2% decrease in August-September.
- The average apartment price in Israel was NIS 2,286,000 in Q3 2026, down 1.5% year-over-year.
- Fresh fruit prices dropped 2.8% and transportation costs fell 1.4% in October.
- Clothing and footwear prices rose 4.1%, while fresh vegetable prices increased by 3.5%.
- Residential construction input prices rose 0.4% in October, driven by labor costs.
i24NEWS English publishes in English. The key points are summarized above. Read i24NEWS English’s full report from the link at the top of the page.
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