Consumer Price Index for October expected to rise 0.3%-0.4%

In depth

The consumer price index for October is expected to rise between 0.3% and 0.4%, and it will be published tomorrow. The index will affect interest rates and the public's pocketbook.

The forecast is that the consumer price index for October will rise by up to 0.5%, but annual inflation is not expected to surge, and there is even a chance of a slowdown in the pace.

Nevertheless, the weakening of the shekel and political uncertainty will prevent the Monetary Committee from cutting the interest rate in the economy.