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Globes: CPI unchanged in September

Published on Oct 16 2012 // Business and Financial News, Economy

15 October 12 18:54–Koby Yeshayahou and Globes correspondent The Consumer Price Index remained unchanged in September at 106.2 points, the Central Bureau of Statistics reported this evening. This was a major surprise after a panel of analysts polled by “Bloomberg” predicted that the CPI would rise by about 0.4% last month.

Prices were pushed by a 1% rise in VAT from 16% to 17% and a major hike in fuel prices. Items rising in September included fresh vegetables (12.9%), food (0.9%), transport and communications (0.7%), housing maintenance (0.6%), and furniture (0.6%)…Read More>>

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