News Brief15:51 PM | 28 Adar 5768, March 5, '08 | |
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Cost of Electricity Up (IsraelNN.com) Rising crude oil prices have contributed to another rise in the price of electricity following a drop of almost three percent last month. The new price structure will take effect on Tuesday and will reflect a 4.15 percent price hike. Gasoline prices went up last month, and the increases will put upward pressure on the consumer price index for March. A high inflation rate will make it more difficult for Bank of Israel Governor Prof. Stanley Fischer to drop the interest rate as part of a strategy to continue strong economic growth. ![]() © A7 Syndications - This article may not be republished freely. Written and oral arrangements prior to April, 2007 must be reconfirmed. If you are republishing A7 material, please contact us promptly. News Briefs |
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