Israel’s annual inflation rate stood at 1.5% in August 2026, unchanged from the previous month and slightly below the expected 1.6%. Inflation remains comfortably within the central bank’s 1%-3% target range, with the reading at its lowest level since May 2021. Price growth rebounded for transport (0.6% vs -0.4%), while deflation eased for furnishings (-3.9% vs -4.1%) and clothing and footwear (-5.2% vs -6.3%). Meanwhile, price pressures eased for food, including vegetables (1% vs 1.4%), housing (3.8% vs 3.9%), dwelling maintenance (1.4% vs 1.6%), health (1.5% vs 1.6%), and education, culture and entertainment (0.8% vs 1.3%). On a monthly basis, consumer prices rose 0.7%, accelerating from a 0.3% increase in the previous month. source: Central Bureau of Statistics, Israel

Inflation Rate in Israel remained unchanged at 1.50 percent in August. Inflation Rate in Israel averaged 26.28 percent from 1952 until 2026, reaching an all time high of 486.20 percent in November of 1984 and a record low of -2.70 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 October of 2026.

Inflation Rate in Israel remained unchanged at 1.50 percent in August. Inflation Rate 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. In the long-term, the Israel Inflation Rate is projected to trend around 1.70 percent in 2027 and 1.90 percent in 2028, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-08-14 11:00 AM
Inflation Rate YoY
Jul 1.5% 1.6% 1.6% 1.6%
2026-09-15 03:30 PM
Inflation Rate YoY
Aug 1.5% 1.5% 1.6% 1.5%
2026-10-15 03:30 PM
Inflation Rate YoY
Sep 1.5% 1.7%


Related Last Previous Unit Reference
Consumer Price Index CPI 105.80 105.10 points Aug 2026
Core Consumer Prices 105.80 105.20 points Aug 2026
Core Inflation Rate 1.40 1.40 percent Aug 2026
CPI Housing Utilities 109.60 108.90 points Aug 2026
CPI Transportation 105.40 102.80 points Aug 2026
Export Prices 108.50 108.50 points Jun 2026
Food Inflation 1.00 1.40 percent Aug 2026
Import Prices 128.10 121.60 points Jun 2026
Inflation Rate YoY 1.50 1.50 percent Aug 2026
Inflation Rate MoM 0.70 0.30 percent Aug 2026
Producer Prices 122.30 119.20 points Aug 2026


Israel Inflation Rate
In Israel, the most important categories in the consumer price index are Housing (25 percent of the total weight); Transport and Communication (18 percent); and Food (18 percent). The index also includes: Education, Culture and Entertainment for 11 percent and Dwelling Maintenance for 9 percent. Miscellaneous Goods and Services for 6 percent; Health for 6 percent; Furniture and Household Equipment 4 percent; and Clothing and Footwear for 3 percent.
Actual Previous Highest Lowest Dates Unit Frequency
1.50 1.50 486.20 -2.70 1952 - 2026 percent Monthly
2022=100

News Stream
Israel Inflation Rate Holds Steady
Israel’s annual inflation rate stood at 1.5% in August 2026, unchanged from the previous month and slightly below the expected 1.6%. Inflation remains comfortably within the central bank’s 1%-3% target range, with the reading at its lowest level since May 2021. Price growth rebounded for transport (0.6% vs -0.4%), while deflation eased for furnishings (-3.9% vs -4.1%) and clothing and footwear (-5.2% vs -6.3%). Meanwhile, price pressures eased for food, including vegetables (1% vs 1.4%), housing (3.8% vs 3.9%), dwelling maintenance (1.4% vs 1.6%), health (1.5% vs 1.6%), and education, culture and entertainment (0.8% vs 1.3%). On a monthly basis, consumer prices rose 0.7%, accelerating from a 0.3% increase in the previous month.
2026-09-15
Israel Inflation Slows Further
Israel’s annual inflation rate eased to 1.5% in July 2026, down from 1.6% in June and below market expectations of an unchanged reading, remaining comfortably within the central bank’s 1%-3% target range. The latest reading marked the lowest inflation rate since May 2021, as price pressures moderated across several categories. Inflation slowed for food, including vegetables (1.4% vs 1.6%), housing (3.9% vs 4.2%), dwelling maintenance (1.6% vs 1.8%), health (1.6% vs 1.8%), and education, culture and entertainment (1.3% vs 1.4%). Meanwhile, deflation deepened for transport (-0.4% vs -0.3%), furnishings (-4.1% vs -3.7%), and clothing and footwear (-6.3% vs -5.9%). On a monthly basis, consumer prices rose 0.3%, following a flat reading in June.
2026-08-14
Israel Inflation Rate at 2021-Lows
Israel's annual inflation rate eased to 1.6% in June 2026, the lowest since May 2021, down from 1.9% in May and in line with the central bank's 1%-3% target. Price pressures softened for food, including vegetables (1.6% vs. 2.6%), and education, culture, and entertainment (1.4% vs. 1.5%), while transportation and communication prices fell 0.3%, reversing a 0.8% increase in the previous month. Deflation deepened slightly for furnishings and household equipment (-3.7% vs. -3.6%), while inflation for dwelling maintenance was unchanged at 1.8%. In contrast, housing inflation accelerated to 4.2% from 4%, and health costs rose 1.8% after a 1.6% increase. Meanwhile, deflation for clothing and footwear eased to 5.9% from 6.7%. On a monthly basis, consumer prices were unchanged in June, following a 0.3% decline in May.
2026-07-15