Israel’s cost-of-living index rose by 1 percent in September, ending any chances of limiting this year’s annual inflation rate to a single-digit figure.
On the basis of the 1 percent increases seen during the last two months, economists are forecasting an 11 percent inflation rate for 1993.
The Central Bureau of Statistics said that the cost of a standard basket of goods and service for the average urban family of four, including housing costs, now stands at 5,025 shekels a month, or $1,757.
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.