Israel's Consumer Price Index (CPI) fell 0.1% in December, the Central Bureau of Statistics reported this afternoon, after falling a surprise 0.4% in November. In 2015, the CPI fell 1%, the second successive year of negative inflation, after the CPI fell 0.2% in 2014. This is well below the government's inflation target range of between 1% and 3%.
Outstanding price falls in December included fresh fruit and vegetables (16.9%), culture and entertainment (1.5%), and food (0.4%).
Outstanding price rises in December included clothing and footwear (6.2%), and housing costs (0.4%).
Published by Globes [online], Israel business news - www.globes-online.com - on January 15, 2016
© Copyright of Globes Publisher Itonut (1983) Ltd. 2016
You comment was recieved and soon will be published.
Thank you for posting your comment, which will be reviewed for publication.
Load more comments