The inflation rate rose slightly to 10.2% in January, from 10.1% in the previous month, the National Institute of Statistics (NIS) said Sunday.
Food prices posted an increase of 14.1% year-on-year in January 2023. This increase comes mainly from the rise in prices of egg by 29.6%, sheep meat by 28.1%, edible oils by 23.5%, beef by 21%, grain derivatives by 16.9% and fresh fruit by 14.7%.
As for the prices of manufacturing goods, they went up by 10.2%, due to the increase in the prices of construction materials (9.1%), clothing (9.5%), and household maintenance products (10.3%).
In services, the 7.3 percent year-on-year increase in prices was mainly explained by the 9.8 percent rise in prices of restaurants, cafes and hotels and the 15.9 percent rise in prices of public and private transport services.
On the other hand, the core inflation rate (excluding food and energy) was 8.1%, up from 7.7% in December 2022. Prices of free (unregulated) goods rose by 10.7% year-on-year, while prices of regulated goods went up 8.5%.
Free food increased by 16.7% compared to 0.6% for food with regulated prices.
