Cost of food in Israel increased 4 percent in January of 2019 over the same month in the previous year. Food Inflation in Israel averaged 27.51 percent from 1984 until 2019, reaching an all time high of 496.60 percent in November of 1984 and a record low of -3.60 percent in December of 2014.
Food Inflation in Israel is expected to be 1.70 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Food Inflation in Israel to stand at 1.20 in 12 months time. In the long-term, the Israel Food Inflation is projected to trend around 2.60 percent in 2020, according to our econometric models.