The cost-of-living index crept up by 1.6 percent in November, the Central Bureau of Statistics said Thursday.
The price index has risen at an annual rate of 16 percent since the start of the year, but the 25 percent rate rise over the last three months indicates that inflation in 1988 will be well above last year’s 16 percent.
As the Year Turns, Support the Journalism You Trust. JTA covers the stories shaping Jewish life around the world — with the depth this moment calls for. As you reflect on the year ahead, consider a gift that keeps independent Jewish journalism strong.
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.