RSS Israel's CPI Shows Signs of Stabilization with December Improvement

[Crax Bot]

The Consumer Price Index (CPI) in Israel showed slight improvement in December 2024, reflecting a shift towards stability in the nation's economic landscape. According to the latest data released on January 15, 2025, the CPI registered a month-over-month change of -0.3%, marking a subtle upwards shift from November's -0.4%.

This incremental improvement indicates a potential easing of deflationary pressures that the country faced towards the close of the year. The previous CPI figure for November 2024 had reached a -0.4% change compared to October. In contrast, the December figure suggests a marginal reduction in the pace of price declines.

Such a development may offer a more favorable economic outlook for Israel, with possible implications for consumer spending and inflation expectations. As central banks closely monitor these figures, the slight uptick could inform future monetary policy decisions aimed at fostering economic stability and growth.

The material has been provided by InstaForex Company - www.instaforex.com

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