Amiram Barkat, globes.co.il
Israel's Consumer Price Index (CPI) fell 0.4% in November, the Central Bureau of Statistics reports, at the extreme end of the economists' predictions. In the past twelve months to the end of November, the index rose 0.3%, well below the government's 1%-3% annual inflation target range. Prices have risen by 0.6% since the start of 2019.
Fresh fruit and vegetable prices fell 4.2% in November, fashion and footwear prices fell 2.1% and public transport prices fell 1.1%. Prices traditionally fall in November after the holiday season.
The housing price index continues to rise. Home prices in the September-October period rose 0.6% in comparison with August-September. Home prices have risen 2.6% over the past 12 months.