Another jump in housing prices;
Significant price increases also in food, fruit and vegetable prices
Apartment prices have risen another 1.5% in the past month, completing a 11.3% year-on-year increase.
At the same time, fruits and vegetables rose by 2.1% and food by 1.3%, furniture prices rose by 0.7% and transport prices by half a percent.
However, there has been a significant reduction in the prices of clothing and shoes and a decrease in the prices of culture and entertainment
Between Ashkenazi
15/02/2022
Tuesday, February 15, 2022, 6:30 p.m.
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Again price increases.
Supermarket in Petah Tikva (Photo: Reuven Castro)
Significant price increases were recorded in the economy this year, with a rise of more than 12% in some industries - according to the Consumer Price Index for 2022 published tonight (Tuesday).
According to the index, house prices rose by an additional 1.5% in the last month and completed an increase of 11.3% per year.
At the same time, fruits and vegetables rose by 2.1% and food by 1.3%.
Furniture prices rose by 0.7% and transportation prices by half a percent.
However, there has been a significant reduction in the prices of clothing and shoes and a decrease in the prices of culture and entertainment.
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An increase in fruits and vegetables as well.
Hatikva Market in Tel Aviv (Photo: Reuven Castro)
The consumer price index published every year reflects the changes in the cost of living.
In Israel, in recent years the price level has been high in relation to the OECD countries, with a recent rise in prices with the announcement of the marketing chains' price increases.
Recent events have created a public outcry that has led ministers to promote a plan aimed at easing the cost of living.
One week ago, Prime Minister Naftali Bennett and Finance Minister Avigdor Lieberman announced the measures that will be implemented under the program, including reducing taxes for working families, lowering tariffs on a variety of consumer products, lowering the price of electricity and reducing food taxes.
The plan has been criticized for claiming that its principles are good for parts of the public, while other parts of the nation will not be affected at all by the steps taken, but will be affected by the cost of living that no one will miss.
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