CBS: Household spending slowed in last two years

10.10.2012                      24.Tischrei. 5773                      Isru Chag

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CBS: Household spending slowed in last two years

By comparison, between 2003 and 2009, spending by households rose 13.5%, according to an index created by the CBS.

Growth of household spending slowed in 2010 and 2011 as consumers cut their budgets on clothing, housing, food, education and culture, the Central Bureau of Statistics said yesterday….