Israeli Price Index Up 1 Percent
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Israeli Price Index Up 1 Percent

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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.

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