Inflation rate falls

Israel’s Consumer Price Index (CPI) fell 0.4% in Nov, more than analysts expected. Israel’s annual inflation rate for the 12 months to Nov fell to 3.4% from 3.5% in Oct. mostly due to decreases in the price of fresh fruit and vegetables. Meanwhile, Israel’s reserves of foreign currency rose by over $1 billion.

https://en.globes.co.il/en/article-november-cpi-fell-further-than-expected-1001496854

https://en.globes.co.il/en/article-israels-forex-reserves-back-on-the-rise-1001496316

This entry was posted in Economy & Business. Bookmark the permalink.

Leave a Reply

Your email address will not be published. Required fields are marked *