Daily Israel Report
19:57
Reported

News Brief

  4/15/2012, Nisan 23, 5772

March Inflation .4 Percent


The consumer price index rose four tenths of a percent in March, according to figures released, Sunday evening, by the Central Bureau of Statistics. Price hikes were felt especially in the areas of transportation (1.3 percent), housing, as well as furniture and equipment for the home (.4 percent) and .3 percent for culture and entertainment.

The price of shoes went down 1.2 percent and a one-percent drop was recorded for produce. If the produce drop was factored out, the increase would have been half a percent. If the increase in energy costs was missing, the increase would be only two tenths of a percent. The CPI in general and without produce has gone up four tenths of a percent since the start of the year. Without housing, the increase is three tenths of a percent, and without energy hikes, it would be unchanged.