Prices of goods and services in Israel were unchanged year-on-year in February of 2021, rising from a 0.4 percent decline in January of 2021 and beating market expectations of a 0.2 percent decrease. Prices advanced at a slightly faster pace for food & non-alcoholic beverages (0.3 percent vs 0.2 percent in January) and housing (0.7 percent vs 0.5 percent). Meantime, deflation eased for transports & communications (-0.3 percent vs -1.5 percent); clothing & footwear (-5.6 percent vs -9.0 percent); and health (-0.5 percent vs -0.6 percent). On a monthly basis, consumer prices went up by 0.3 percent, following a 0.1 percent decrease in the previous month and compared to market consensus of a 0.1 percent growth. source: Central Bureau of Statistics, Israel

Inflation Rate in Israel averaged 28.14 percent from 1952 until 2021, reaching an all time high of 486.23 percent in November of 1984 and a record low of -2.74 percent in March of 2004. This page provides the latest reported value for - Israel Inflation Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Israel Inflation Rate - data, historical chart, forecasts and calendar of releases - was last updated on April of 2021.

Inflation Rate in Israel is expected to be 0.90 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Inflation Rate in Israel to stand at 1.50 in 12 months time. In the long-term, the Israel Inflation Rate is projected to trend around 1.50 percent in 2022, according to our econometric models.

Ok
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.

API Features Documentation Interested? Click here to contact us
Please Paste this Code in your Website
width
height
 Preview
Israel Inflation Rate

Actual Previous Highest Lowest Dates Unit Frequency
0.00 -0.40 486.23 -2.74 1952 - 2021 percent Monthly
2020=100


Calendar GMT Actual Previous Consensus TEForecast
2020-12-15 04:30 PM Nov -0.6% -0.8% -0.8%
2021-01-15 12:00 PM Dec -0.7% -0.6% -0.7% -0.7%
2021-02-15 04:30 PM Jan -0.4% -0.7% -0.6% -0.3%
2021-03-15 04:30 PM Feb 0% -0.4% -0.2% -0.1%
2021-04-14 11:00 AM Mar 0% -0.3%
2021-05-14 11:00 AM Apr 0.2%
2021-06-15 03:30 PM May
2021-07-15 03:30 PM Jun
Go to our Calendar for more events. Or learn more about the Calendar API for direct access.


News Stream
Israel Inflation Rate Flat in February
Prices of goods and services in Israel were unchanged year-on-year in February of 2021, rising from a 0.4 percent decline in January of 2021 and beating market expectations of a 0.2 percent decrease. Prices advanced at a slightly faster pace for food & non-alcoholic beverages (0.3 percent vs 0.2 percent in January) and housing (0.7 percent vs 0.5 percent). Meantime, deflation eased for transports & communications (-0.3 percent vs -1.5 percent); clothing & footwear (-5.6 percent vs -9.0 percent); and health (-0.5 percent vs -0.6 percent). On a monthly basis, consumer prices went up by 0.3 percent, following a 0.1 percent decrease in the previous month and compared to market consensus of a 0.1 percent growth.
2021-03-15
Israel Consumer Prices Fall Less Than Expected
Prices of goods and services in Israel decreased 0.4 percent year-on-year in January of 2021, easing from a 0.7 percent fall in December of 2020 and less than market expectations of a 0.6 percent drop. Deflation eased for transports and communication (-1.5 percent vs -2.1 percent in December), while prices rebounded for food excluding fruits and vegetables (0.2 percent vs -0.6 percent) and real estate (0.5 percent vs -0.2 percent). On a monthly basis, consumer prices were down by 0.1 percent, the same as in the previous month and compared to market consensus of a 0.3 percent decline.
2021-02-15
Deflation in Israel Deteriorates in December
Prices of goods and services in Israel decreased 0.7 percent year-on-year in December of 2020, following a 0.6 percent fall in November and in line with market expectations. It is the 9th consecutive month of deflation, dragged by a fall in cost of transport (-2.1 percent), food excluding fruits and vegetables (-0.6 percent) and real estate (-0.2 percent). On a monthly basis, consumer prices were down by 0.1%, following a 0.2% decrease in the previous month and below market expectations of a flat reading.
2021-01-15
Israel Consumer Prices Fall for 8th Month
Israel's consumer prices went down 0.6 percent year-on-year in November of 2020, following a 0.8 percent fall in the prior month. It was the eighth successive month of deflation, amid the ongoing COVID-19 pandemic. Prices fell less mostly for clothing & footwear (-4.3 percent vs -9.2 percent in October); transport and communication (-2.2 percent vs -3 percent); dwellings maintenance (-0.7 percent vs -0.8 percent) and health (-0.3 percent vs -0.6 percent). Inflation also slowed for housing (0.4 percent vs 0.8 percent) while food cost edged up (0.1 percent vs flat reading). On a monthly basis, consumer prices went down 0.2 percent, after increasing 0.3 percent in the prior month.
2020-12-15

Israel Inflation Rate
In Israel, the most important categories in the consumer price index are Housing (25.2 percent of the total weight) and Transport and Communication (20.6 percent). Food accounts for 16.5 percent; Education, Culture and Entertainment for 11.7 percent and Dwelling Maintenance for 9.7 percent. Others include: Health (5.2 percent); Miscellaneous Goods and Services (4.3 percent); Furniture and Household Equipment (3.7 percent) and Clothing and Footwear (3.1 percent). The national index has a base of 100 as of 2012.