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Israel Water Prices for Factories Expected to Rise 17.5% in 2013

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Dec. 5 (Bloomberg) -- The Israel Water Authority is expected to raise the price of water supplied to factories by 17.5 percent starting Jan. 1, the Manufacturers Association said, calling on the government to halt the planned price rise.

The manufacturers said today in an e-mailed statement that such a jump in the industrial water bill would boost consumer prices, including food and toiletry costs. The association said the increase would raise manufacturers’ water costs in 2013 by 100 million shekels ($26.3 million) to 700 million shekels.

To contact the reporter on this story: Alisa Odenheimer in Jerusalem at aodenheimer@bloomberg.net

To contact the editor responsible for this story: Randall Hackley at rhackley@bloomberg.net

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