October inflation 0.3%, higher than expected

October inflation 0.3%, higher than expected

According to the Central Bureau of Statistics, the rise is due to higher prices for food, fruit and vegetables and clothing
17.11.13 / 00:00
October inflation 0.3%, higher than expected
17.11.13
October inflation 0.3%, higher than expected

Israel's consumer price index (CPI) rose unexpectedly by 0.3% in October 2013 due to higher prices for food, fruit and vegetables and clothing, the Central Bureau of Statistics (CBS) said Friday.

The CBS noted that the main factor in the unexpected rise in CPI was a jump in the price of tomatoes, which went up 64%, contributing 0.17% to the general index.

Clothing and footwear rose by 6.4%. The housing item based on rents rose 0.1%, while the owner occupied housing item rose 0.2%. On the other side, fuel prices and foreign travel both fell 5%.

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