News Briefs

  Iyar 1, 5772 , 23/04/12

March Inflation at 0.2%

The Bank of Israel announced on Monday that the inflation rate in Israel for March was 0.2%. The increase in prices, said the Bank, was evidence of an expanding economy, similar to the second half of 2011 – but with the expansion occurring at a slower pace.

The increase reflects a sharp rise in the cost of imported raw materials. Other prices, including industrial prices, fell during the period.

Other archived news briefs:Apr 23 2012, 03:52 PM, 4/23/2012