Consumer price index for the month of March increased by 0.6%. As a result, inflation increased by 2.7% in the last 12 months.
The state's incompetence regarding housing prices is expressed in its refusal to bring in Palestinian construction workers. The winds of war with Iran and increasing inflation will force Bank of Israel Governor Prof. Amir Yaron to refrain from further lowering the interest rate even in the decision on May 27. The price of losing hands in the war on the cost of living in the area of interest is paid by the public of mortgage holders, consumers of overdrafts and credit payment transactions. Are any of the decision makers up there bothered by the situation? probably not. After all, the Knesset is in recess. After a temporary lull that lasted for a day, the capital market is now afraid of the possibility of an Israeli period against the Iranians. The stock market moved to lower prices and the dollar returned and strengthened after trading opened in a positive trend.