The Consumer Price Index has risen 0.3% over the past 12 months.
Israel's Consumer Price Index (CPI) rose 0.1% in July to 102.4 points, the Central Bureau of Statistics reported this afternoon. The reading was in line with analysts' estimates. The CPI rose 0.3% in June and 0.1% in May and has risen 0.3% over the past 12 months, below the government's 1-3% inflation target range. Since the start of 2014, the CPI has fallen 0.1%.
There were notable rises in prices of fresh fruit and vegetables (1.9%), transport (1%), and housing costs (0.9%).
The notable falls were in prices of clothing and footwear (7.5%), furniture and household equipment (1.4%), culture and entertainment (0.6%), and food (0.4%).
The Central Bureau of Statistics also reported that a comparison of real estate deals in April-May with May-June 2014 found that home prices fell 0.2%.
Published by Globes [online], Israel business news - www.globes-online.com - on August 15, 2014
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