Bank of Israel: Inflation expectations fell in May

The Bank of Israel said on Monday 16 June that Israel's M1 money supply totalled NIS 31.7 billion in May, a 0.9% rise from the preceding month. It also reported that inflation expectations have fallen for the last three months.

Source: Globes

Inflationary expectations for the coming 12 months fell to 1.3% in May, compared with 1.7% in April and 2.5% in March, the Bank of Israel reported today.

Meanwhile, Israel's M1 money supply totalled NIS 31.7 billion in May, a 0.9% rise from the preceding m