Israel’s cost-of-living index rose by 0.8 percent during August, bringing the annual inflationary rate since the beginning of the year to 5.6 percent, the Central Bureau of Statistics announced Tuesday.
The August figure continues a trend in which inflation has remained below 1 percent per month, giving the Israeli government hope of fulfilling a longtime dream: reducing annual inflation to a one-digit figure.
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.