The cost-of-living index rose by a low 0.1 percent in July, the Central Bureau of Statistics reported Monday.
The cost-of-living increase was kept low by a 5 percent seasonal drop in the price of fruit and vegetables.
The low figure was hailed by the Treasury, the Histadrut and the Employers Association, all of whom had anticipated a cost-of-living increase of 0.3 to 0.5 percent for the month of July.
The annual rate of Israel’s inflation is expected to be about 16 percent this year.
The Archive of the Jewish Telegraphic Agency includes articles published from 1923 to 2008. Archive stories reflect the journalistic standards and practices of the time they were published.
