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Israel Inflation Rate Unexpectedly Slows in March
Israel’s annual inflation rate eased to 1.9% in March 2026 from 2% in the prior month, against analysts’ forecasts of 2.1%. It has remained within the Bank of Israel’s 1%–3% target band for nine consecutive months. Softer price growth was seen for housing (3.8% vs 4.2% in February); miscellaneous goods & services (3.5% vs 3.9%); health (1.9% vs 2.1%); education, culture and entertainment (0.7% vs 1.3%). Conversely, prices accelerated for food, including vegetables & fruits (2.5% vs 2.3%) and transport & communications (0.7% vs 0.4%). On a monthly basis, the CPI went up by 0.4%, after a 0.2% increase in the previous month.