Israel Inflation Expectations Ease

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Israel's inflation expectations for the coming twelve months stood at 2.3% in September, compared to 2.4% in August, the Bank of Israel said on Monday. The capital markets expect the inflation in two years to be 3%, slower than previous month's estimate of 3.4%.

Meanwhile, the M1 money supply fell 1.2% in September, after rising 6.4% in August.

Israel's inflation expectations for the coming twelve months stood at 2.3% in September, compared to 2.4% in August, the Bank of Israel said on Monday. The capital markets expect the inflation in two years to be 3%, slower than previous month's estimate of 3.4%. (Market News Provided by RTTNews)