(MENAFN- Trend News Agency)
Israel's inflation reached 4 percent in April from a year
earlier, with a monthly increase of 0.8 percent, the Israeli Bureau
of Statistics said Sunday, Trend reports citing Xinhua .
April's rise also beat the 3.5-percent in March to hit a new
record high since June 2011, mainly due to a 5.5-percent price
increase in fresh vegetables, and a 2.8-percent increase in
clothing, said the statistics bureau.
It is also the third consecutive month for the year-on-year
consumer price index (CPI) floating above the government target
range of 1-3 percent.
Israel's home prices in the February-March period registered a
year-on-year increase of 16.3 percent, the highest in Israel's real
estate transaction prices in nearly 12 years, according to the
bureau's data.
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