Israel inflation rate holds at 1.9% in April, Iran war boosts CPI m/m

JERUSALEM - Israel's annual inflation rate held steady in April at 1.9%, according to data on Friday from the Central Bureau of Statistics that was slightly below estimates.

The April rate was below expectations of 2.0% in a Reuters poll and is within the government's 1%-3% annual target range.

The consumer price index rose 1.2% in April from March amid the war in Iran.

The Bank of Israel next meets on interest rates on May 25. After two cuts in November and in January following the Gaza war, it has left rates steady the last two meetings.

(Reporting by Steven Scheer;Editing by Alison Williams)

Copyright Reuters or USA Today Network via Reuters Connect.

This story was originally published May 15, 2026 at 4:13 AM.