The consumer price index rose by 4.5 percent during November, the Central Bureau of Statistics announced. The rise put inflation at a 34.4 percent rate since last January. It is expected that the annual rate of inflation will be 37 percent, about five percent higher than the annual budget projected. The price index rise reflects a general price increase, including almost all products. Food products increased at the highest rate, 8 percent in one month.
JTA has documented Jewish history in real-time for over a century. Keep our journalism strong by joining us in supporting independent, award-winning reporting.
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.