Israel: Annual fall in consumer prices softens in September
October 14, 2016
In September, consumer prices decreased 0.1% from the previous month. The figure was up from August’s 0.3% decrease.
Consumer prices fell 0.4% in annual terms in September, which was softer than August’s 0.7% decrease and the weakest decline seen in seven months. The annual average variation in consumer prices was minus 0.7% in September, matching August’s reading.
Finally, core consumer prices, which exclude volatile items such as oil and vegetables, decreased 0.3% on an annual basis. The figure came in below the 0.1% decline seen in August.