Israeli Inflation Moderates While Housing Prices Continue to Rise
- Israel's consumer price index rose 0.4% in February; annual inflation rate fell to 2.5%
- Fresh fruit prices rose 10.7%; clothing prices fell 2.5%
- Apartment prices rose 1.2% in February, the second straight monthly increase
- By region, apartment prices rose the most in the South (1.8%) and Jerusalem (1.4%)
- New home prices rose just 0.4% on average
