Prices continued to increase in Israel in February, the Central Bureau of Statistics said in a report Tuesday. According to data, the Consumer Price Index, which measures the average change in prices over time that consumers pay for a basket of goods and services, rose by 0.7%.
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From the beginning of the year, the CPI increased by 0.9%, and over the past 12 months by 3.5%.
Significant price increases included produce (5.3%), transport (1.9%), household expenses (1.1%), and foods (0.6%). Prominent price decreases included clothing (3.2%).
Housing prices increased by 2.1% in February. A comparison of transaction prices between December 2021 to January 2022 and December 2020 to January 2019 showed a 13.0% increase.
The Price Index of Input in Residential Building increased by 0.5% in February, by 1.3 since the beginning of the year, and by 6.1% in the past 12 months. A significant price increase included the petrol industry (17.1%).
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