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May CPI falls 0.3% as annual inflation drops to 1.9%

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画像：May CPI falls 0.3% as annual inflation drops to 1.9%

Israel's Consumer Price Index fell 0.3% in May, a steeper decline than economists had expected, and annual inflation dropped to 1.9%. The monthly decline was led by cheaper household equipment and clothing, while the Bank of Israel's benchmark target range remained 1-3%.

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