Another jump in housing prices;
Significant price increases also in fruit prices
Between Ashkenazi
15/06/2022
Wednesday, 15 June 2022, 18:30 Updated: 18:46
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Significant price increases were recorded this year in the Israeli economy, with a rise of 4.1% - according to the consumer price index published tonight (Wednesday).
According to the index, apartment prices completed an increase of 15.4% per year.
At the same time, fruits rose by 13.8% and food by 0.9%.
Clothing and footwear prices rose by 2.2%, culture and entertainment by 0.8% and transport prices by half a percent.
Significant price declines were recorded in the fresh vegetable industry which recorded a decrease of 0.7%.
A 13.8% jump in fruit prices.
Hatikva Market (Photo: Reuven Castro)
The index data of the Central Bureau of Statistics (CBS) only further confirms the recent rise in prices. According to the CBS, the consumer price index rose by 0.6% in May 2022. In the last twelve months (May 2022 compared to May 2021) The consumer price index is 4.1%.
The CBS reports that by comparing the prices of transactions made in March 2022-April 2022 with the prices of transactions made in February 2021-March 2021, it was found that apartment prices rose by 0.9%, thus completing the same increase of 15.4
% compared to the same period last year.
Prices of dwellings by district in March 2022-April 2022 Compared with February 2022-March 2022, price increases were recorded in all districts: Tel Aviv 1.6%, South 1.1%, Central 1.0%, Haifa 0.9%, North 0.8%. Only 1.1%.
The precision market continues to boil
In the price index of new dwellings, it was found that their prices increased by 0.4% in the months of March 2022 - April 2022 compared with February 2022 - March 2022, thus completing an increase of 21.8% compared to the corresponding period last year.
The percentage of transactions carried out with government support and participated in the calculation is 22.2%, compared with 15.4% in the previous period.
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