Inflation rates in Israel have increased significantly

The consumer price index in Israel rose 0.5% in October and stood at 3.5% for the year. This exceeds the 3% limit set by the Central Bank. Economists believe that this was influenced by the costs of military operations in Gaza and southern Lebanon.

The Central Bank's interest rate is 4.5%, and experts expect it to remain unchanged in the next six months. However, rising inflation and rising prices for basic goods may lead to an increase in inflation.

This will increase the cost of various loans, especially mortgages, which are partially indexed depending on the rate.