Israel's annual inflation in March declines to 3.3 pct

JERUSALEM, April 15 (Xinhua) -- Israel's 12-month inflation rate fell to 3.3 percent in March, down from 3.8 percent in January and 3.4 percent in February, according to data released Tuesday by the country's Central Bureau of Statistics.

Despite the decline, inflation remains above the government's target range of 1 to 3 percent.