Global inflation?
In Israel, the index has fallen, but apartment prices are breaking records
The consumer price index fell by 0.1% in November 2021. Significant price declines were recorded in the items of fresh vegetables and fruits which fell by 5.8%, dwellings continue to rise: 0.9% in November, completing a double-digit increase in the last year
Walla!
Of money
15/12/2021
Wednesday, 15 December 2021, 18:34 Updated: 18:46
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Against the background of inflation that broke a record of 40 years in the US and against the background of inflation settlements in Europe, the consumer price index in November fell by 0.1%.
Since the beginning of the year, the consumer price index has risen by 2.5%, and in the last twelve months. ) The consumer price index rose by 2.4%.
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A little cheaper in the supermarket, much more expensive to buy an apartment (Photo: Reuven Castro)
Housing continues to rise in price: more than 10% per year
Comparing the prices of transactions made in September 2021 - October 2021 compared to the prices of transactions made in August 2021 - September 2021, it was found that apartment prices increased by 0.9%, thus completing an increase of 10.3% compared to the same period last year (September 2020 - October 2020).
In the segmentation of changes in housing prices by district in September 2021 - October 2021 compared with August 2021 - September 2021, price increases were recorded in the following districts: South 1.5%, Haifa 1.4%, Tel Aviv 1.3%, Jerusalem 1.2%, and Central 0.2%; In contrast, prices in the northern districts fell by 0.5%.
In the segmentation of changes in apartment prices by district compared to the corresponding period last year, September 2021 - October 2021 compared to September 2020 - October 2020, price increases were recorded in all districts: Jerusalem 11.5%, Central 11.2%, Haifa 9.9%, South 9.9%, Tel Aviv 9.0% and North 8.6%.
In the price index of new dwellings, it was found that their prices remained unchanged in September 2021 - October 2021 compared with August 2021 - September 2021, thus completing an increase of 8.9% compared with the corresponding period last year (September 2020 - October 2020).
The percentage of transactions carried out with government support and participated in the calculation is 26.5%, compared with 22.8% in the previous period (August 2021 - September 2021).
Of money
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Cost of living
Consumer price index
inflation
CBS
November
housing