Prosperity index up by 0.6 points
12:50
The prosperity index calculated by the Bureau for Investments and Economic Cycles (BIEC) grew in October by 0.6 points m/m.
The pace of salary growth was the main factor influencing the index increase. The deflation rate remains flat, therefore it doesn't affect the economic situation of households, BIEC said.
The organization noted that although salaries grew by 5 percent over the last year, they don't translate into bigger consumer demand.