The Consumer Price Index fell 0.4% last month, the Central Bureau of Statistics reports.
Israel's Consumer Price Index (CPI) fell 0.4% in October, the Central Bureau of Statistics reported this evening, far steeper than expected. Expectations on the capital market were for a 0.1% fall in the index. In 2015 to date, the CPI has fallen 0.9%, well below the government's inflation target range of between 1% and 3%.
Outstanding price falls in November included tomatoes (16.9%), vehicle fuel (1.8%) and fresh fruit (4.3%).
Outstanding price rises in November included clothing (3%), and cucumbers (20.7%).
Published by Globes [online], Israel business news - www.globes-online.com - on December 15, 2015
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