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Israel's January CPI - 0.6% drop

Most categories of goods and services fell in price in January, lead by shoes and clothing
16.02.14 / 10:02
Israel's January CPI - 0.6% drop
16.02.14
Israel's January CPI - 0.6% drop

The Central Bureau of Statistics (CBS) reported last week that the Consumer Price Index (CPI) fell 0.6% in January to 101.7 points.

 

The Consumer Price Index measures changes in the prices paid by consumers for a basket of goods and services.

 

According to the CBS, most categories of goods and services fell in price in January, lead by shoes and clothing, down 7.7%, and fresh fruits down 1.3%, housing services down 0.9%, and processed food down 0.8%.

 

Furniture, household equipment and maintenance -0.6%. Food and non-alcoholic beverages -0.4%.

 

Recreation and culture -0.4%. Against this, prices rose for fresh vegetables up 3.9%, public transport up 3.4% and cigarettes up 1.5%. The CBS noted that the index excluding fruit and vegetables fell by 0.7%, the index excluding housing fell by 0.6%, as did the index excluding energy. 

 

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