Produce, clothing push CPI to rise 0.3%

By GLOBES
November 15, 2010 21:29

The Consumer Price Index (CPI) rose 0.3% in October, the Central Bureau of Statistics reported this evening.

Over the past 12 months, prices have risen 2.5%, near the upper limit of the government's 1-3% inflation target.So far in 2010, the CPI has risen 2.2%.

Items which drove the CPI higher in October were price of fruits and vegetables, which rose 3.8%, and clothing prices, which rose 7.5%. Clothing prices rose as winter collections began to sell.


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