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Israeli Standard of Living Rises

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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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