CBS: Israel's Consumer Price Index up 0.3% in June

The CBS noted that Israel's Consumer Price Index (CPI) rose to a seasonally adjusted annual rate of 0.3%, from 0.2% in the prior month
19.07.15 / 10:49
CBS: Israel's Consumer Price Index up 0.3% in June
19.07.15
CBS: Israel's Consumer Price Index up 0.3% in June
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The Central Bureau of Statistics (CBS) reported that Consumer price inflation in Israel rose more-than-expected last month.

 

The CBS noted that Israel's Consumer Price Index (CPI) rose to a seasonally adjusted annual rate of 0.3%, from 0.2% in the prior month. June's CPI was slightly above market expectations of a 0.2% rise.

 

After a period of negative inflation, the CPI has now risen for four successive months, although it has fallen by 0.4% over the past 12 months and by 0.2% since the start of 2015. There were notable price rises in clothing (9.8%), and dairy products (2.6%). Notable declines were in fresh vegetables (2.4%) and fresh fruit (8.3%). 

 

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