The Central Bureau of Statistics (CBS) reported that Israel's Consumer Price Index (CPI) fell 0.4% on September. In 2015 to date, the CPI has fallen 0.6%. In the past twelve months, the CPI has fallen 0.5%.
In Israel, the Consumer Price Index or CPI measures changes in the prices paid by consumers for a basket of goods and services. Israel consumer price index (CPI) data, is an important measure of inflation in Israel, The outstanding price falls in September were in culture and entertainment (5.1%), automobile fuels and oils (4.3%), domestic power (3.6%), and fruits (4.7%).
The outstanding rises were in cucumbers (52.9%) and tomatoes (57.9%). Poultry and fish rose by about 1%. The CPI reading was affected by the low number of working days in September because of the incidence of the Jewish holidays.
