Israel's Consumer Price Index up 0.2% in July

After a period of negative inflation, the CPI has now risen for five successive months, including 0.3% in June
23.08.15 / 10:36
Israel's Consumer Price Index up 0.2% in July
23.08.15
Israel's Consumer Price Index up 0.2% in July

The Central Bureau of Statistics (CBS) reported that Israel's Consumer Price Index (CPI) rose by 0.2% in July. Analysts had expected a 0.1-0.2% rise.

 

After a period of negative inflation, the CPI has now risen for five successive months, including 0.3% in June. However, the CPI has fallen 0.3% over the past 12 months and is unchanged since the start of 2015.

 

There were notable price rises in fresh vegetables up 3.9%, housing costs up 1%, and transport up 0.5%. There were notable price falls in clothing and footwear, down 6.6%, fresh fruit, down 1.8%, and furniture and household equipment down 0.8%.