Bethel Finance news:
Inflation in April was less than expected, according to figures released by the Central Bureau of Statistics today. The Consumer Price Index rose just 0.6% last month, whereas analysts had expected a rise of 0.8-0.9%.
Inflation so far this year is 1.3%, and over the past twelve months 4.0%, 1% higher than the government's inflation target range of 1-3%.
The main contributors to inflation in April were the clothing and footwear item, which rose by 5.4%, and the leisure and overseas vacation item, which rose by 9.4%, because of the Passover holiday. Culture and entertainment rose 1%, fresh fruit 4.3%, fuel 1.3%. Housing continued to rise, by 0.7%. On the other hand, prices of fresh vegetables fell 1.4%, and of furniture 0.8%.
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