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FinancialNews


  • 16-01-19

    Israeli consumer price index below target at 0.8 percent

    (MENAFN) Israel recorded a 0.8 percent boost in its annual consumer price index (CPI) by the end of last year, failing to achieve the 1-3 percent target the Israeli government set.

    In December 2018, the Israeli CPI registered a 0.3 percent decline to leave the annual inflation rate target for last year unfulfilled.

    According to the Israeli Central Bureau of Statistics, the results indicate the fifth year in a row when the rate of inflation remained below target.

    Israel's CPI inflation rate in 2017 posted 0.4 percent, compared to the fulfilled target of 1.8 percent in 2013.

    MENAFN1601201900450000ID1097981342

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