Israel Inflation Rate Steady at 1.9% in May

2026-06-15 16:00 By Larissa Caser 1 min. read

The annual inflation rate in Israel stood at 1.9% in May 2026, remaing unchanged from the last two months, bellow market expectations of a 2% increase and staying within the Bank of Israel’s 1%–3% target band for ten consecutive months.

Upward price pressures were mainly due to housing (4.0% vs 3.3%) and education, culture and entertainment (1.5% vs 1.4%).

Meanwhile, inflation eased in several categories, including food, inclduing vegetables (2.6% vs 2.8%), health (1.6% vs 1.7%) and transport & communications (0.8% vs 0.9%).

Deflation deepened for household equipment (-3.6% vs -3.2%), while clothing and footwear prices remained lower (-6.7%).

On a monthly basis, consumer prices declined 0.3% in May, reversing a 1.2% rise in the previous month.



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Israel Inflation Rate Steady at 1.9% in May
The annual inflation rate in Israel stood at 1.9% in May 2026, remaing unchanged from the last two months, bellow market expectations of a 2% increase and staying within the Bank of Israel’s 1%–3% target band for ten consecutive months. Upward price pressures were mainly due to housing (4.0% vs 3.3%) and education, culture and entertainment (1.5% vs 1.4%). Meanwhile, inflation eased in several categories, including food, inclduing vegetables (2.6% vs 2.8%), health (1.6% vs 1.7%) and transport & communications (0.8% vs 0.9%). Deflation deepened for household equipment (-3.6% vs -3.2%), while clothing and footwear prices remained lower (-6.7%). On a monthly basis, consumer prices declined 0.3% in May, reversing a 1.2% rise in the previous month.
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