Israel’s cost-of-living index rose 1.1 percent in August, marking the sixth consecutive month in which inflation increased by at least 1 percent.
The Central Bureau of Statistics, which issued the August cost-of-living report on Sept. 14, said that inflation in Israel is now estimated to be running at 14.5 percent annually.
According to the bureau, fruit and vegetable prices rose faster than housing costs, with both categories together comprising nearly two-thirds of the August rise in the index.
In recent months, the bureau cited steadily rising housing costs as being the chief culprit for the country’s inflation woes.
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.
