An unexpectedly high inflation rate for February sent the Tel Aviv stock market plunging.
Both the Mishtanim and Maof indices were down by 2.3 percent Sunday, after the Bank of Israel announced that the cost of living had risen by 0.9 percent in February.
An increase in housing costs was the main cause for the higher inflation rate.
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.