Israel’s cost-of-living index rose by a low 0.1 percent during July, the Central Bureau of Statistics announced this week.
This marks the third month in a row that living costs rose by a small amount, and economists are thus predicting that the annual inflation rate for 1993 will be just 10 percent.
During the first six months of 1993, the index was up by just 5.8 percent.
In fact, a trend appears to have been set with the cost of living increases declining 0.1 percent every month since May. In that month, the cost of living rose by 0.3 percent, and in June, it was up only 0.2 percent.
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