Israel’s Consumer Price Index fell by 0.6% in September, the Central Bureau of Statistics said Tuesday, bringing the annual inflation rate down to 2.5% \u2014 the lowest since February. <\/p>\n
The figures have fueled expectations that the Bank of Israel will lower its benchmark interest rate by a quarter percentage point at its next meeting in late November, or possibly sooner.<\/p>\n
The sharpest price drops were recorded in fresh fruit (down 3.2%), culture and entertainment (2.4%), transportation and communication (2.2%), food (0.5%), clothing and footwear (0.3%) and both homeowners\u2019 housing services and apartment maintenance (0.2% each).<\/p>\n
In contrast, prices rose in categories such as fresh vegetables (up 3.5%), rent and healthcare (each rising 0.3%).<\/p>\n
Rent prices continued to climb. For tenants renewing rental agreements, the average increase was 2.6%. For new tenants \u2014 apartments where the previous renter was replaced \u2014 rent rose by 5.3%.<\/p>\n
The home price index fell for the sixth consecutive month, marking a cumulative drop of more than 2% over the past six months. A comparison of transactions from July\u2013August 2025 with June\u2013July 2025 shows a 0.6% decline in home prices.<\/p>\n
Compared to the same period last year, prices in July\u2013August 2025 were up just 0.7%, indicating a significant cooling in year-over-year growth.<\/p>\n
Price changes between July\u2013August 2025 and June\u2013July 2025 varied across regions: Jerusalem saw a 1.0% increase; prices fell in the North (down 0.2%), Haifa (0.4%), Central region (1.8%), Tel Aviv (0.9%) and South (0.8%).<\/p>\n
On an annual basis, home prices rose in the North (8.4%), Jerusalem (4.2%), Haifa (3.7%) and South (2.8%). They declined in the Central region (down 2.9%) and Tel Aviv (1.5%).<\/p>\n
New home prices dropped by 1.2% between July\u2013August 2025 and June\u2013July 2025. Of all new home transactions, 39.4% were made under government-supported housing programs, up from 31.7% in the previous period.<\/p>\n
Excluding subsidized deals, new home prices declined by 0.2%. Compared to the same period last year, new home prices were up 0.5%.<\/p>\n","protected":false},"excerpt":{"rendered":"Israel’s Consumer Price Index fell by 0.6% in September, the Central Bureau of Statistics said Tuesday, bringing the…\n","protected":false},"author":2,"featured_media":77025,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[114,184,85,46],"class_list":["post-77024","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-business","tag-economy","tag-il","tag-israel"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/77024","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/comments?post=77024"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/77024\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media\/77025"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media?parent=77024"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/categories?post=77024"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/tags?post=77024"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}