Consumer price index fell in 2020 by 0.7% - housing prices rose by 1% in October-November

The consumer price index fell 0.1% in December; For the whole of 2020, the index fell by 0.7%, according to the Central Bureau of Statistics. In 2019, the inflation rate was 0.6%. The CBS also published a change in housing prices (news and second hand - data that are not part of the consumer price index): housing prices rose by 1% in October-November, compared with September-October - thus completing an increase of 3.2% compared to the same period (October -November 2019).
Significant price decreases were recorded in the fresh vegetables and fruits sections (2.9%) and education services (0.9%). Price increases were recorded in the items of accommodation, recreation and travel (1.9%) and fuel and oils for vehicles (1.7%). Notable items in the 2020 summary: fruit and vegetable prices rose by 4.4%, clothing and footwear prices fell by 5.7%.
The increase in housing prices in October-November compared to September-October was in all districts, with the Jerusalem district at the top of the table with an increase of 1.7%, the central and northern districts (1.2%), the south (0.9%) and Tel Aviv and Haifa (0.6%).
In an annual comparison - October-November 2020 compared with the corresponding months in 2019 - the sharpest increase was recorded in the Jerusalem District, at a rate of 4.1%; In the Southern District there was an increase of 3.6%, in Tel Aviv - 3.4%, in the Center - 3.3%, and in the North - 3.2%.
The data also show that the prices of new dwellings alone recorded an increase of 0.3% in October-November compared to September-October, and completed an increase of 3.1% compared to the same period in 2019. The rate of transactions in the price-per-tenant track decreased moderately, and their share in all transactions was 34.4% in October-November, compared with 36% in September-November.