Consumer Price Index up 0.1% in July

The Consumer Price Index (CPI) rose 0.1% in July, the Central Bureau of Statistics reported Thursday.

According to the CBS, July\’s inflation was in line with the government\’s annual goals of 1%-3%.

According to the CBS report, the CPI rise could be attributed to significant price hikes in housing services (1.1%), tourism and leisure (4.6%) and fresh vegetables (3.7%).

Prices in several sectors were down, including clothing and footwear (9.4%), and fuel (2.2%).

Analysts\’ believe that the Bank of Israel Monetary Committee is likely to leave September\’s key interest rates as is – at 2.25%.