Summary
- Housing prices in Israel rose by 0.95 percent in a month and by 2.2 percent in Tel Aviv
- The Bank of Israel is concerned about a possible new inflationary outbreak due to Israel’s geopolitical uncertainty
- Israel’s Consumer Price Index (CPI) increased by 0.8 percent in April, surpassing forecasts
- Inflation over the past 12 months in Israel is at 2.8 percent, nearing the upper limit of the Bank of Israel target range
