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Article: 2006 average prices were 2.1 percent higher than in 2005: The Wholesale Price Index of Industrial Output rose 5.7% in 2006.
- Article from:
- Globes
- Article date:
- January 18, 2007
CopyrightCOPYRIGHT 2007 Globes. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Byline: Zeev Klein
Jan. 18--Although inflation was minus 0.1 percent in 2006, average prices were 2.1 percent higher than in 2005, according to a Bank of Israel analysis of Central Bureau of Statistics data. Excluding price-controlled goods and services, average prices were 2.7 percent higher in January-November than in the corresponding period of 2005, at the upper range of the government's 1-3 percent price stability target. Average prices for price-controlled goods and services rose by 5 percent in 2006, well above the inflation target. The Wholesale Price Index of Industrial Output for the Domestic Market rose 5.7 percent in 2006, and the ...