Israel Inflation Rises to 1.6% in September, Below Forecast
Annual inflation was below the 1.8% expected in a Reuters poll, data from the Central Bureau of Statistics showed. The rate could support further interest rate cuts.
Israel’s annual inflation rate came in below expectations at 1.6% in September, according to data released Thursday by the Central Bureau of Statistics. The reading could support further interest-rate cuts. The rate was also below the 1.8% forecast in a Reuters poll.