JERUSALEM, March 15 (Xinhua) -- Israel's year-on-year inflation hit 3.5 percent in February, reaching a decade high, the Israeli Bureau of Statistics said Tuesday.
The bureau said this is the highest year-on-year inflation recorded in Israel since June 2011, when the inflation rate reached 4.2 percent.
The country's consumer price index (CPI) rose to 103.5 in February, the bureau added.
The rise in February was mainly driven by a 5.3-percent increase in prices of fresh vegetables and fruits, it said.
Moreover, the prices of real estate saw a year-on-year increase of 13 percent in the cycle of December 2021 - January 2022, also reaching a decade record. ■