Israel: Annual fall in consumer prices smallest in eight months
November 15, 2016
In October, Israeli consumer prices increased 0.2% from the previous month. The figure contrasted September’s 0.1% decrease.
Consumer prices fell 0.3% in annual terms in October, which was softer than September’s 0.4% decrease and the weakest decline seen in eight months. The annual average variation in consumer prices was minus 0.7% in October, matching September’s reading.
Finally, core consumer prices, which exclude volatile items such as oil and vegetables, decreased 0.2% on an annual basis. The figure came in above the 0.3% decline seen in September.