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flag Israel's inflation rate reached 3.6% in August, exceeding the government's target due to Gaza conflict-related supply issues.

flag Israel's inflation rate surged to 3.6% in August, the highest in ten months and above the government's target of 1-3%. flag The increase, driven by supply issues linked to the ongoing conflict in Gaza, includes significant price hikes in fresh vegetables and transportation. flag As a result, expectations for interest rate cuts by the Bank of Israel have diminished, with rates likely remaining unchanged until 2025.

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