Consumer price index remained unchanged in August

Posted on Sep 15, 2020 by Ifi Reporter - Dan Bielski

The Central Bureau of Statistics reports that the consumer price index remained unchanged in August 2020. Significant price declines were recorded in clothing and footwear items 2.2%, fresh fruit 1.2% and communications one percent. Significant price increases were recorded in the culture and entertainment items 1.9% and fresh vegetables 1.2%. Apartment prices rose by 1% and completed an annual increase of about 2.9%.
Since the beginning of the year, the consumer price index has decreased by 0.6% and in the last twelve months (August 2020 compared to August 2019), the consumer price index has decreased by 0.8%.
Change in housing market prices (not part of the consumer price index)
Comparing the prices of transactions made in June 2020 - July 2020 compared to the prices of transactions made in May 2020 - June 2020, it was found that apartment prices increased by one percent, thus completing an increase of 2.9% compared to the same period last year (June 2019 - July 2019).
In the segmentation of changes in housing prices by district in the months June 2020 - July 2020 compared with the months May 2020 - June 2020, price increases were found in the districts: Jerusalem 2.2%, Haifa 1.9%, Tel Aviv 1.3%, South 0.7% and North 0.4%; In contrast, the Central District remained unchanged.
In the segmentation of changes in housing prices by district compared to the corresponding period last year, June 2020 - July 2020 compared to June 2019 - July 2019, price increases were recorded in all districts, the most prominent of which were in the districts: Tel Aviv 4.2%, Central 2.9%, Jerusalem 2.3% and South 1.3%.
The new housing price index found that their prices decreased in June 2020 - July 2020 compared to May 2020 - June 2020 by 1.3%, thus completing a decrease of 3.9% compared to the corresponding period last year (June 2019 - July 2019). The percentage of transactions carried out with government support and participated in the calculation is 44.9%, compared with 40.2% in the previous period (May 2020 - June 2020).


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