The consumer price index rose by 0.2% in September - Walla! Of money

2021-10-15T11:22:07.313Z

The price-rising vegetables and fruits caused the consumer price index for September to rise by 0.2%. The index reflects an increase of 2.5% since the beginning of the year, in the area of the inflation target set by the Bank of Israel

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The consumer price index rose by 0.2% in September

The sharp rise in vegetable and fruit prices is what caused the consumer price index for September to rise by 0.2%.

The index reflects a 2.5% increase since the beginning of the year, ie in the area of the inflation target set by the Bank of Israel.

The sharp rise in housing prices in Israel continues

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Apartment prices (not part of the consumer price index) continue to climb sharply (Photo: Reuven Castro)

Rise in apartment prices

As is well known, apartment prices are not part of the consumer price index, but when examining changes in the real estate market, a bleak picture is obtained in relation to housing

prices: Housing prices:

Comparing the prices of transactions made in July 2021 - August 2021 that housing prices rose by 1.2%, bringing the total increase of 9.2% over the same period last year (July 2020 August 2020).

segmentation changes in housing prices by district in July 2021 - August 2021, compared to the months June 2021 - July 2021, prices increased by districts The following: Jerusalem 2.5%, Central 1.9%, Tel Aviv 1.8%, South 1.1% and Haifa 0.6%, while the Northern District recorded a decrease of 0.5%.

In the segmentation of changes in housing prices by district compared to the corresponding period last year, July 2021 - August 2021 compared to July 2020 - August 2020, price increases were recorded in all districts: Jerusalem (10.7%), Central (10.5%), North (9.6%), Tel Aviv ( 9.5%), South (7.3%) and Haifa (6.0%).

In the price index of new dwellings, it was found that their prices increased in the months July 2021 - August 2021 compared to June 2021 - July 2021 by 0.6% and thus completed an increase of 11.8% compared to the corresponding period last year (July 2020 - August 2020).

The percentage of transactions carried out with government support and participated in the calculation is 21.9%, compared with 20.2% in the previous period (June 2021 - July 2021).

(Photo: ShutterStock)

Rise in the manufacturing index

Price Index of Manufacturing Output for Domestic Destinations: The

Price Index of Manufacturing Output for Domestic Destinations decreased by 0.2% in September 2021. The Index excluding fuels increased by 0.1% in September 2021. Significant price decreases were recorded in refined petroleum products which decreased by 3.3%.

Since the beginning of the year, the price index of manufacturing output for domestic destinations has increased by 10.2% and in the last twelve months (September 2021 compared to September 2020), the price index of manufacturing output for domestic destinations has increased by 10.4%.