Bank of Israel forecasts 2.7% inflation in 2012 & 2.5% in 2013

The forcast is within the government's expectations
25.04.12 / 00:00
Bank of Israel forecasts 2.7% inflation in 2012 & 2.5% in 2013
25.04.12
Bank of Israel forecasts 2.7% inflation in 2012 & 2.5% in 2013

The forcast is within the government's expectations
 
The Bank of Israel (BoI) published its long range inflation forecast for the next three years. 
 
In 2012, the Bank of Israel sees inflation reaching 2.7%, which is within the government's target range of 2-3%. 
 
In 2013, the Bank of Israel sees inflation falling slightly to 2.5% and remaining at the same level in 2014.