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Housing costs in Israel rose by 10.3% over the twelve months to the top of October, in line with figures launched by the Central Bureau of Statistics immediately. That is the most important twelve-month rise since 2010. Costs in offers in September-October have been 0.9% greater than in August-September this 12 months. One possible reason for the continued rise in costs is the hike in buy tax, which led to surge in demand as patrons rushed to beat the tax rise.
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The Shopper Value Index (CPI) fell by 0.1% in November. The consensus analysts’ estimate printed by Bloomberg was that the index can be unchanged. The speed of inflation within the twelve months to the top of November was 2.4%.
There have been distinguished falls in November within the contemporary produce merchandise, which fell 5.8%, the tradition and leisure merchandise, which fell 1.6%, and clothes and footwear, which fell 0.8%. Furnishings and family tools costs rose 2.4% final month.
Revealed by Globes, Israel enterprise information – en.globes.co.il – on December 15, 2021.
© Copyright of Globes Writer Itonut (1983) Ltd., 2021.
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