Israel's Consumer Price Index up 0.2% in May

After a period of negative inflation, the CPI has now risen for three successive months
21.06.15 / 10:21
Israel's Consumer Price Index up 0.2% in May
21.06.15
Israel's Consumer Price Index up 0.2% in May
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The Central Bureau of Statistics (CBS) reported that Israel's Consumer Price Index (CPI) rose by 0.2% in May, in line with market expectations.

 

After a period of negative inflation, the CPI has now risen for three successive months, although inflation since the start of 2015 is still minus 0.5% and minus 0.4% over the past 12 months.

 

According to the CBS the CPI rose in May from 99.4 points to 99.6 points. There were notable price rises in fresh fruit (15.3%), fuel and oil (1.6%), culture and entertainment (0.9%) and housing costs (0.3%). Notable declines were in internal and overseas flights (1.1%), fresh vegetables (2.4%) and transport (0.3%).

 

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