(MENAFN- Trend News Agency ) Israel's annual inflation over the past 12 months increased by 0.8 percent, the state's Bureau of Statistics said Friday, reports citing .
This is the highest annual inflation figure in Israel since June 2019, it said.
Despite the rise, the latest figure is still below the annual government inflation target ranging from 1 percent to 3 percent.
The data also showed that since the beginning of 2021, Israeli inflation has increased by 1.1 percent.
According to the bureau, Israel's consumer price index (CPI), a major indicator of inflation, rose by 0.3 percent in April month on month, after registering a 0.6-percent increase in March.
April's rise was mainly due to a 3-percent increase in prices of fruits and vegetables, along with a 2.8-percent increase in food prices, it added.
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