Bank of Israel announced at the end of February it will leave the basic interest rate unchanged at 2.5% for March 2012. The last time Bank of Israel has reduced its basic interest rate was a month back in January 2012 when it reduced the rate by 0.25 percent points. ... Read More

During January 2012 the Israeli CPI continued its inertia as it remained unchanged again for the second consecutive month.  In the recent Central Bureau of Statistics report regarding consumer prices changes for January 2012, the Israeli inflation (CPI) remained flat compared with December's CPI (see chart below). The CPI sans energy ... Read More

As expected by many traders, Bank of Israel announced at the end of January it will reduce the basic interest rate by 0.25 percent points from 2.75% to 2.5% for February 2012. The last time Bank of Israel has reduced its basic interest rate was back in November 2011 when ... Read More

Despite the expectations of many that the interest rate will might be cut again, the Bank of Israel kept the Israeli basic interest rate at 2.75% for January 2012. The last time Bank of Israel has reduced its basic interest rate was back in November 2011 when it cut the ... Read More

Following the recent increase in the Israeli inflation during October, the Israeli CPI changed direction and slightly slipped by 0.1% during November. In the recent Central Bureau of Statistics report regarding consumer prices changes for November, the Israeli inflation (CPI) declined by 0.1% compared with October's CPI (see chart below). ... Read More

Following the recent decrease in the Israeli inflation during September, the Israeli CPI bounced back and slightly inclined by 0.1% during October. In the recent Central Bureau of Statistics report regarding consumer prices changes for October, the Israeli inflation (CPI) rose by 0.1% compared with September's CPI (see chart below). ... Read More

Following the recent increase in the Israeli inflation during August, the Israeli CPI shifted to red again and declined by 0.2% during September. In the recent Central Bureau of Statistics report regarding consumer prices changes for September, the Israeli inflation (CPI) dropped by 0.2% compared with August's CPI (see chart below). ... Read More

Despite the expectations of many that the rate will remain unchanged, the Bank of Israel reported today it will cut the Israeli basic interest rate by 0.25 percent points so that the October interest rate will by 3%, compared to 3.25% in September 2011. The last time Bank of Israel ... Read More

The Israeli inflation changed direction again and inclined by 0.5% during August, after it had fallen by 0.3% in July 2011. In the recent Central Bureau of Statistics report regarding consumer prices changes for August, the Israeli inflation (CPI) inclined by 0.5% during August 2011 compared with July's CPI (see ... Read More

The Bank of Israel reported yesterday it will leave the Israeli basic interest rate unchanged at 3.25% for September 2011. The last time Bank of Israel raised its basic interest rate was back in June 2011 by 0.25 percent points. During 2011, Bank of Israel raised the Israeli interest rate ... Read More