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Over the previous 12 months, the Shopper Worth Index has risen 2.3% and housing costs have risen 9.9%.
Israel’s Shopper Worth Index (CPI) rose unexpectedly by solely 0.1% in October 2021, the Central Bureau of Statistics experiences, properly under the analysts’ forecast of 0.4%-0.5%. Over the previous 12 months, the CPI has risen 2.3% and has risen by 2.6% because the begin of the yr.
Financial institution of Israel Governor Prof. Amir Yaron lately mentioned that the anticipated inflation price in 2021 can be shut to three% this yr
There have been important worth rises in October in footwear and clothes (3.6%), tradition and leisure (1.1%) and meals (0.9%). There have been important worth falls in recent fruit and greens (2.5%) and transport (1.1%).
The housing costs index, which is separate from the CPI, continued to rise within the interval August-September, as compared with July-August, climbing by 0.7%. Housing costs have risen 9.9% over the previous 12 months.
Revealed by Globes, Israel enterprise information – en.globes.co.il – on November 15, 2021.
© Copyright of Globes Writer Itonut (1983) Ltd., 2021.
Grocery store buying picture: Kadya Levy
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