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Cost of Living Rises Again

August 22, 1994
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Israel’s cost-of-living index rose by 1.1 percent in July, the Central Bureau of Statistics has announced.

The increase, which was higher than the 0.7-0.8 percent rise anticipated by the Finance Ministry, put the annual rate of inflation at 14.5 percent.

July was the third consecutive month that the increase announced by the bureau was higher than that anticipated by economists.

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