Annual inflation over the past 12 months rose to 2.9 percent and was up from 2.8% in May and 2.5% in February. The government’s annual target range of inflation is between 1% to 3%.

The Bank of Israel on May 26 held its benchmark interest rate at 4.5% due to inflation worries stemming from Israel’s war with Hamas militants in Gaza. A day later, Bank of Israel Governor Amir ...

Annual inflation eases to 3.8% ahead of Bank of Israel interest rate decision next week; war with Hamas expected to affect economy, dampen growth prospects By Sharon Wrobel 15 October 2023, 11:45 pm ...

While top Israeli officials want to increase the air force's supply of fighter jets, global inflation might make that more ...

Inflation accelerated to 3.6% year-on-year in August, above the 1%-3% target range, as government spending to fund the war effort surges and supply-side constraints worsen.

(Bloomberg) -- Israel will likely hold interest rates for a ninth consecutive time, as the central bank monitors for signs that war-induced inflation will soon slow.Most Read from BloombergTrump ...

The annual inflation rate dipped to 3.5% last month after hitting a 10-month high of 3.6% in August. It was slightly below expectations of 3.7% in a Reuters poll but still far exceeds the ...

Israel's annual inflation rate reached 3.8% in January, its highest level since September 2023. The central bank in April projected a 2.6% rate for 2025.