Israel’s inflation rate last month was the lowest in the world. The July inflation rate was -0.7 percent, the lowest in the world, according to the Central Bureau of Statistics. There was no rejoicing, however: The figure was seen as yet another indication of the country’s deep economic crisis. July was the fourth consecutive month with negative inflation. The annual rate of inflation was expected to be zero.
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.
