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CPI

Photo: Getty Image Bank Israel
Beat prices up  Photo: Getty Image Bank Israel
 
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Water more expensive as well  Photo: Visual Photos
 

 

August CPI: Vegetable prices up

Consumer price index continues to rise for sixth consecutive month, with prices fruits, vegetable, housing, education and culture up. Meanwhile, clothing, footwear, transportation and communication prices see drop

Yonit Mozes
Published: 09.16.09, 17:26 / Israel Business

The consumer price index continued to climb in August, for the sixth consecutive month. Last month, the CPI rose by 0.5%, after a 1.1% rise in July and a 0.9% rise in May.

 

Since the start of the year, the CPI rose by 3.7%, and in the past 12 months, it rose a total of 3.1%. The raise in taxes was the main contributor to the change.

 

Central Bureau of Statistics data showed that the food price index in August rose slightly by 0.2%. Significant increases were noted in the prices of fruits and vegetables: The fresh vegetable index rose by 9.2%, and the fresh fruit index rose 2.5%.

 

The numbers show that the price of beets continues to climb, increasing a whopping 48.7% last month, following a 40% rise in July.

 

The price of cabbage rose 26.1%, zucchini prices rose 17%, pepper rose 16.7%, cucumbers rose 16.3%, and tomatoes are now 14.8% more expensive.

 

On the other hand, the price of squash dropped 2.4%, and the price of eggplants went down 2.3%. Melons and watermelons are also significantly more affordable, with prices dripping 30.2% and 28.9% respectively.

 

Orange prices went up 10%, and apples are now 9.1% more costly. Mango prices dropped 23.6% and the price of grapes declined 23.1%.

 

Fresh beef more expensive

As for other food products, a 2% rise in the price of fresh beef was noted, a 4.5% increase in cookie and biscuit prices was recorded, and noodle and pasta prices dropped 4.2%.

 

A 1.2% increase was noted in the housing index, and the rent index rose 0.4% last month. The price of water for household consumption rose 7.3%, and the price of sanitization and extermination products dropped 3.3%.

 

Clothing and footwear prices dropped 7.8%, most likely due to the many end-of-season sales. The clothing index dropped 9.1%, and the footwear index declined 2.4%.

 

The CPI in the field of education, culture and entertainment rose 1.1%, with the sharpest increase noted in hotels and convalescent homes (16.2%), and tickets to sporting events.

 

Meanwhile, the price of notebooks dropped 4.8%, as did the price of organization trips in Israel.

 

Transportation and communication prices dropped 0.5% in August, with the price of flights abroad dropping 1.6%. However, the price of car rentals in Israel rose 5.2%, and train ticket prices rose 2.7%.

 

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