YnetnewsEconomy
October Inflation Plummets to 1.1% Amidst Falling Prices
Summarized from Ynetnews by baba
CenterCharged tone
Israel's annual inflation rate plummeted to 1.1% in October, with the Consumer Price Index falling by 0.1% for the month. Significant price drops were observed in fresh fruit, transportation, and housing services. The housing price index also declined by 0.2% month-over-month and 1.5% year-over-year.
The story in 7 lines · by baba
- Annual inflation in Israel dropped to 1.1% in October.
- The Consumer Price Index decreased by 0.1% in October.
- Fresh fruit prices fell by 2.8% in October.
- Transportation costs decreased by 1.4% in October.
- Owner-occupied housing services prices dropped by 0.5%.
- The housing price index fell by 0.2% month-over-month.
- The housing price index was down 1.5% compared to last year.
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