Over the previous 12 months, the Shopper Value Index has risen 2.3% and housing costs have risen 9.9%.
Israel’s Shopper Value Index (CPI) rose unexpectedly by solely 0.1% in October 2021, the Central Bureau of Statistics reviews, nicely 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 not too long ago stated that the anticipated inflation price in 2021 could be shut to three% this yr
There have been important value rises in October in footwear and clothes (3.6%), tradition and leisure (1.1%) and meals (0.9%). There have been important value falls in contemporary 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, compared with July-August, climbing by 0.7%. Housing costs have risen 9.9% over the previous 12 months.
Printed by Globes, Israel enterprise information – en.globes.co.il – on November 15, 2021.
© Copyright of Globes Writer Itonut (1983) Ltd., 2021.
Grocery store purchasing photograph: Kadya Levy