Inflation is climbing to 4%: real estate, transport and vegetable prices have soared
Significant price increases were recorded in fresh vegetable items, which increased by 5.5%, clothing, which increased by 2.8%, transportation, which increased by 2.3%, and culture and entertainment, which increased by 1.5%.
Significant price decreases were recorded in the communications item, which decreased by 1.2%, and housing prices completed an increase of 16.3% compared with the corresponding period last year.
Between Ashkenazi
15/05/2022
Sunday, 15 May 2022, 18:30 Updated: 18:41
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As expected, the consumer price index rose by 0.8% last April, according to data published today (Sunday) by the Central Bureau of Statistics (CBS). This completes an increase in the consumer price index of 4%, from April last year to the current April
. Prominent prices were recorded in the fresh vegetable sections, which rose by 5.5%, clothing, which rose by 2.8%, transportation, which rose by 2.3%, and culture and entertainment, which rose by 1.5%.
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Fresh vegetables rose by 5.5% (Photo: Noam Moskowitz)
The national average price of rent in the first quarter of 2022 was about NIS 4,000.
Significant price increases were recorded in the item "Materials and products - total" which increased by 2.0%.
It should be noted that in this section, finished products made of aluminum and plastic, which increased by 12.3%, sealing, which increased by 11.1%, and construction iron, which increased by 4.1%, became particularly expensive.
Housing prices continue to rise
The changes in the prices of the housing market also do not bode well for those who are interested in purchasing an apartment.
Comparing the prices of transactions made in February 2022 - March 2022 compared to the prices of transactions made in January 2022 - February 2022, it was found that apartment prices rose by 1.9%, thus completing an increase of 16.3% compared to the same period last year, February 2021 - March 2021
. Dwellings by district in February 2022 - March 2022 Compared to January 2022 - February 2022, price increases were recorded in all districts: North 2.9%, Central 2.4%, Haifa 1.8%, Tel Aviv 1.5%, Jerusalem 1.3% and South 1.2%.
In the segmentation of changes in housing prices by district compared with the corresponding period last year, February 2022 - March 2022, compared with February 2021 - March 2021, price increases were recorded in all districts: Central (18.5%), Jerusalem (16.7%), Tel Aviv (16.0%), Haifa (14.9%), North (13.8%) and South (12.3%).
In the price index of new dwellings, it was found that their prices increased by 1.0% in February 2022 - March 2022 compared with January 2022 - February 2022, thus completing an increase of 20.7% compared to the corresponding period last year (February 2021 - March 2021).
The percentage of transactions carried out with government support and participated in the calculation is 12.5%, compared with 12.8% in the previous period (January 2022 - February 2022).
The national average price of a transaction for the purchase of an apartment in the first quarter of 2022 was NIS 1,756.8 thousand. In the previous quarter, the average price was NIS 1,766.7 thousand.
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