Core consumer prices in Israel decreased 0.60 percent in May of 2020 over the same month in the previous year.
Core Inflation Rate in Israel averaged 1.53 percent from 2008 until 2020, reaching an all time high of 5.22 percent in November of 2008 and a record low of -0.70 percent in July of 2017. This page provides the latest reported value for - Israel Core Inflation Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Israel Core Inflation Rate - values, historical data and charts - was last updated on July of 2020.
Core Inflation Rate in Israel is expected to be 1.10 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Core Inflation Rate in Israel to stand at 2.00 in 12 months time. In the long-term, the Israel Core Inflation Rate is projected to trend around 1.70 percent in 2021, according to our econometric models.