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Cost of Living Up 0.8 Percent

September 16, 1988
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The cost of living index rose by 0.8 percent in August, the Central Bureau of Statistics reported Thursday.

The increase fell short of the I percent rise in consumer prices that would have triggered cost-of-living allowances payable under the national wage agreements.

A 1 percent rise last month would have raised the cost of living 7 percent in the period since the last payments were made.

The aggregate rise in consumer prices since the beginning of the year has been 9.5 percent, according to the statistics bureau.

This represents an annual inflation rate of 15 percent.

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