The cost of living index rose by a record 54 percent since the Likud government took power, the latest consumer price index shows.
Contrary to the traditional decrease of prices during the month of July, this July pushed the index upwards by another 2.4 percent. The main factors in the rise were fruits and vegetables, general foods, housing and transportation prices. Fruits and vegetables went up 3.5 percent, whereas traditionally their prices go down at this time of year, due to ample supply. The only decline in prices were those for clothing and shoes, which were on end-of-season sale. Apartment prices increased by 30 percent during the first half of July compared to the previous six months.