CPI up 0.3% in August, housing prices up 1.3%

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The Shopper Value Index has risen 2.3% because the begin of 2021, whereas housing costs have risen 8% over the previous yr.

Israel’s Shopper Value Index (CPI) rose 0.3% in August 2021, the Central Bureau of Statistics reviews, barely beneath the analysts’ consensus of 0.4%. Because the begin of 2021, the CPI has risen 2.3% and over the previous 12 months, the CPI has risen 1.7%.

There have been vital value rises in August in fruit and greens (2.6%) and tradition and leisure (1.6%) and vital value falls in clothes and footwear (1.7%).

The housing costs index, which is separate from the CPI, continued to rise within the interval June-July, as compared with Might-June, climbing by 1.3%. Housing costs have risen 8% over the previous 12 months.

Throughout June-July in contrast with Might-June, housing costs in Jerusalem rose by 3.5%, central Israel (2%), Tel Aviv (1.3%), southern Israel (0.2% and Haifa (0.1%). Costs within the north fell by 0.5%.

Within the 12 months previous to June-July 2021, costs in northern Israel rose 9.9%, Jerusalem (8.8%), central Israel (8.6%), Tel Aviv (7.5%), southern Israel (6.4%), and Haifa (5.1%).

Revealed by Globes, Israel enterprise information – en.globes.co.il – on September 14, 2021