🇮🇱 Ronan Menachem, Chief Economist at Bank Mizrahi-Tefahot: Despite the drop in inflation beyond expectations in September, the Bank of Israel is expected to leave the interest rate unchanged in a decision next week. The low annual inflation allows for a reduction in the future, but the price pressures on the rent and the uncertainty surrounding fuel prices require caution, and the proximity to the elections adds to this.

🇮🇱 Ronan Menachem, Chief Economist at Bank Mizrahi-Tefahot: Despite the drop in inflation beyond expectations in September, the Bank of Israel is expected to leave the interest rate unchanged in a decision next week. The low annual inflation allows for a reduction in the future, but the price pressures on the rent and the uncertainty surrounding fuel prices require caution, and the proximity to the elections adds to this.

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