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Inflation Under 1 Percent for July

August 17, 1992
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Israel’s cost-of living Index rose by 0.7 percent in July, the Central Bureau of Statistics has announced.

The economists said the present trend brings within reach a long-hoped for dream of several Israeli governments: reducing annual inflation to a one-digit figure.

Present forecasts are for inflation to register between 9 and 10 percent for 1992.

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