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The CPI rose only 0.6% in 2010 | Israel today

2020-01-15T18:53:33.517Z


economy


The Bank of Israel released the data for December, where the index remained unchanged • Housing prices, which are not part of the CPI, rose by 3.4% last year • A marked decline in fruit and vegetable prices

The Consumer Price Index was published Wednesday. The data analysis shows that a notable rise in prices was recorded in the apparel section at 1.6%. Notable price declines were recorded in fresh vegetables and fruit items 3.7% - and culture and entertainment with a 1.5% decline.
Overall in 2019, the CPI rose 0.6%.

In the last two months of 2019, house prices have increased by half a percent, and by all of 2019 3.4 percent. It should be noted that housing prices are not part of the CPI.

In the segmentation of housing price changes by districts in October 2019 - November 2019 compared with September 2019 - October 2019, price increases were found in the districts: Tel Aviv 1.5%, North 0.7%, Central 0.3%; In contrast, price declines were recorded in the districts: South and Jerusalem 0.6% each, and Haifa 0.1%.

In the segmentation of housing price changes by district compared to the same period last year, October 2019 - November 2019 compared to October 2018 - November 2018, price increases were found in all districts, with the most prominent ones recorded in the districts: Tel Aviv 5.0%, North 4.1% and Jerusalem 2.8%.

The price of new housing prices found that their prices rose by 0.4% in October 2019 - November 2019 compared to September 2019 - October 2019. The percentage of transactions carried out with government support and participating in the calculation is 48.6% compared to 51.5% in the previous period (September 2019 - October 2019).

From the comparisons of transactions made in the current period compared to the same period last year, October 2019 - November 2019 compared to October 2018 - November 2018, it was found that the prices of new apartments fell by 4.2%.

Source: israelhayom

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