Prosperity index up by 0.2 pts

The prosperity index, calculated by the Bureau for Investments and Economic Cycles (BIEC), grew by 0.2 points m/m in May and stands at 103.6 points. The index has grown continuously since August 2015, however this month marked the lowest increase this year. BIEC said that low, persistent deflation has been indifferent for the households' purchasing power for a while now. The employment rate has been growing at a high pace, unlike salaries.