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Israeli Standard of Living Rises

Israelis improved their standard of living in 1995, earning more money during the year and spending more of it.

Israel’s per capita personal disposable income grew by 5 percent during 1995, while consumer spending grew by 4 percent, according to figures released this week by the Central Bureau of Statistics.

Israel’s tourism industry also experienced an upswing in 1995, with a 15 percent increase in the number of visitors.

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