News Briefs

  Kislev 19, 5772 , 15/12/11

Cost of Living Down .1 Percent in November

The consumer price index for November went down a tenth of a percent, according to a report by the Central Burea of Statistics on Thursday. It had been expected to rise two tenths of a percent. The annual rate of inflation, going back to November 2010 was 2.6 percent, within the government's target range The annual rate, based on the last four months is 1.2 percent while the forecast taking the bigger picture into consideration is about 2.3 percent.

Leading prices down was travel abroad (2.5 percent), followed by car insurance (1.9 percent), apartment maintenance services (one percent) and gasoline and oil (.8 percent). They were partially offset by an 8.6 percent rise in produce prices, home electricity costs (up 4.4 percent) and increases of 3.9 percent for clothing and 2.1 percent for cheese.


Other archived news briefs:Dec 15 2011, 09:01 PM, 12/15/2011