Israel's Consumer Price Index (CPI) fell 0.3% in December, more than expected, while housing prices continued to rise. The rate of inflation for 2024 fell to 3.2%, just above the Bank of Israel's target range. Price falls were seen in fresh fruit and vegetables, culture and entertainment, and footwear and transport. Price rises were seen in clothing, health, housing maintenance, and food. Home prices rose by 0.6% on average, with the highest increases in Tel Aviv and Haifa. The index of housing prices rose 7.8% compared to the previous year.