Despite cost-of-living protests: Food and drink cost more now than in 2010
The biggest increase was foodstuffs, which jumped by an average of 4.7%, following an increase of 0.9% in 2010.
The social justice protests that rocked Israel during the summer did have an impact on consumer prices - but only if compared with their peak, midyear level as the protests gained momentum. Compared with 2010, prices now are higher, says consumer research company Storenext.
Also, sales of premium products slowed, says marketing research company StoreNext in a summary of 2011. The number of new-product launches fell in 2011 compared with the year before, StoreNext says.
Prices of consumer goods increased by 4.2% on average in 2011 compared with the year before. The biggest increase was foodstuffs, which jumped by an average of 4.7%, following an increase of 0.9% in 2010.
Beverage prices increased by 3.4% in 2011 compared with 2010, in average terms.
The cost of household cleaning and personal hygiene products also rose in 2011, after diminishing the year before.
The category of "consumer products" includes food and drink, household and personal hygienic products - prices of which reached peak levels in June and July last year. By year-end prices were lower than at midyear, thanks to special deals in supermarkets and some price reductions by manufacturers.
"Premium products" includes shampoo, ice cream, coffee and toilet paper. Before the protests began in the summer, sales of premium products were running about 7% higher than in the same period of 2010. But as the protest gained steam, year-over-year sales growth slowed to 2.4%.
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