(Bloomberg) -- Israel's benchmark Shahar bond fell
for a fourth day after faster-than-expected inflation stoked
speculation the central bank will raise interest rates.
The consumer price index rose 0.7 percent in June from the
month before as Israel's currency fell 5 percent against the
dollar, the Central Bureau of Statistics said yesterday. That's
the fastest pace of growth since April 2006, and compares with
the 0.4 percent gain forecast by a Bloomberg News survey.
Read more at Bloomberg Bonds News
for a fourth day after faster-than-expected inflation stoked
speculation the central bank will raise interest rates.
The consumer price index rose 0.7 percent in June from the
month before as Israel's currency fell 5 percent against the
dollar, the Central Bureau of Statistics said yesterday. That's
the fastest pace of growth since April 2006, and compares with
the 0.4 percent gain forecast by a Bloomberg News survey.
Read more at Bloomberg Bonds News
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