Israel: A Look at Prices Following Release of September Price Index

(Thursday, October 16th, 2008)

The September price index was released on Wednesday and to the pleasant surprise of consumers, it remains unchanged.

Following is a look at some prices which reflect the increase of 4.4% in the index since the beginning of the year. During the last 12 months, the inflation rate in Israel is 5.5%.

Tomato prices have increased 39.7%, cucumbers + 27.2%, instant coffee +6.6%, apartments +1.8%, kindergarten tuition +4%, fresh fruits -12.1%, vacation travel  -5.8%, clothing -6%, avocado -33.8%, and hotels -18%.

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(Yechiel Spira – YWN Israel)

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