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Palestine Cost of Living Index Will Be Compiled

July 15, 1926
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(Jewish Telegraphic Agency)

An index of the cost of living in the important Jewish centers of Palestine will be compiled by the Labor Department of the Palestine Zionist Executive, according to a decision of the Executive.

The work will be carried out during the month of July, and the results will be published. From then onward the index will be continued and the figures published monthly.

Some years ago the Government of Palestine started to compile an index of articles of food, collecting data from the most important towns. The basis of this index is, however, not considered by the Palestine Zionist Executive wide enough to make it applicable to the Jewish worker. The problem has always been considered as very urgent in connection with questions of wage policy, the labor market and general economic conditions.

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