Consumer prices in Palestine plunged by 42.90% year-on-year in December 2025, deepening from a 38.9% decline in November. This marked the steepest decline since records began in 1998, driven by a 70.74% collapse in prices in the Gaza Strip, extending the deflationary trend for a third consecutive month following the ceasefire. Meanwhile, prices increased in Jerusalem (+2.80%) and the West Bank (+1.05%). Among key food items, prices declined for eggs (-35.21%), white flour (-26.71%), dried vegetables (-21.61%), fresh chicken (-14.27%), and fresh meat (-6.45%), alongside lower fuel prices, with petrol down 17.40%. On a monthly basis, consumer prices fell by 3.76% in December, following a 15.45% drop in November, as a steep decline in Gaza (-11.54%) outweighed modest increases in Jerusalem (+0.56%) and the West Bank (+0.23%). source: Palestinian Central Bureau of Statistics

Inflation Rate in Palestine decreased to -42.90 percent in December from -38.90 percent in November of 2025. Inflation Rate in Palestine averaged 5.27 percent from 1998 until 2025, reaching an all time high of 88.93 percent in November of 2024 and a record low of -42.90 percent in December of 2025. This page provides the latest reported value for - Palestine Inflation Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Palestine Inflation Rate - data, historical chart, forecasts and calendar of releases - was last updated on February of 2026.

Inflation Rate in Palestine decreased to -42.90 percent in December from -38.90 percent in November of 2025. Inflation Rate in Palestine is expected to be 5.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Palestine Inflation Rate is projected to trend around 6.00 percent in 2027 and 8.00 percent in 2028, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2025-12-15 06:30 AM
Inflation Rate YoY
Nov -38.9% -17.08% -15.0%
2026-01-14 07:30 AM
Inflation Rate YoY
Dec -42.9% -38.9% -40.0%
2026-02-12 08:00 AM
Inflation Rate YoY
Jan -42.9% -30.0%


Related Last Previous Unit Reference
Consumer Price Index CPI 132.28 137.45 points Dec 2025
CPI Transportation 130.52 151.56 points Dec 2025
Food Inflation -42.90 -42.86 percent Dec 2025
Inflation Rate YoY -42.90 -38.90 percent Dec 2025
Producer Prices 183.18 181.52 points Dec 2025
PPI YoY 10.44 3.12 percent Dec 2025


Palestine Inflation Rate
In Palestine, the most important categories in the Consumer Price Index are: Food & Non-alcoholic Beverages (28% of the total weight), Transport (14%) and Miscellaneous Goods & Services (13%). The index also includes: Housing, Water, Electricity, Gas & Other Fuels (9%), Alcoholic Beverages, Tobacco & Narcotics (5%), Communication (5.%), Clothing & Footwear (5%), Health (4%), Education (4%), Restaurants & Hotels (3%) and Recreation & Culture (2%).
Actual Previous Highest Lowest Dates Unit Frequency
-42.90 -38.90 88.93 -42.90 1998 - 2025 percent Monthly
2018=100

News Stream
Palestinian Consumer Prices Sink Further
Consumer prices in Palestine plunged by 42.90% year-on-year in December 2025, deepening from a 38.9% decline in November. This marked the steepest decline since records began in 1998, driven by a 70.74% collapse in prices in the Gaza Strip, extending the deflationary trend for a third consecutive month following the ceasefire. Meanwhile, prices increased in Jerusalem (+2.80%) and the West Bank (+1.05%). Among key food items, prices declined for eggs (-35.21%), white flour (-26.71%), dried vegetables (-21.61%), fresh chicken (-14.27%), and fresh meat (-6.45%), alongside lower fuel prices, with petrol down 17.40%. On a monthly basis, consumer prices fell by 3.76% in December, following a 15.45% drop in November, as a steep decline in Gaza (-11.54%) outweighed modest increases in Jerusalem (+0.56%) and the West Bank (+0.23%).
2026-01-14
Palestine Consumer Prices Post New Record Drop
Consumer prices in Palestine plunged by 38.90% year-on-year in November 2025, deepening from a 17.08% decline in October. This marked the second month of deflation and steepest drop since records began in 1998, largely driven by the ceasefire announcement in the Gaza Strip. Prices fell across key categories, led by food and non-alcoholic beverages (-42.86%), transport (-1.12%), and miscellaneous goods and services (-2.86%). Declines were also recorded in alcoholic beverages, tobacco, and narcotics (-84.80%), clothing and footwear (-12.70%), housing and utilities (-1.81%), furnishings and household equipment (-5.82%), health (-0.29%), communication (-2.79%), recreation and culture (-3.11%), education (-1.81%), and personal care, social protection and miscellaneous goods & services (-2.35%). On a monthly basis, consumer prices dropped by 15.45% in November, moderating from a 23.04% fall in October.
2025-12-15
Palestine Consumer Prices Post Largest Drop on Record
Consumer prices in Palestine fell by 17.08% in October 2025, reversing a 17.65% increase in the previous month. This marked the sharpest deflation on record, largely influenced by the announcement of a ceasefire in the Gaza Strip. Prices declined in most categories, including food and non-alcoholic beverages (-10.06% vs 41.6% in September), alcoholic beverages, tobacco and narcotics (-75.48% vs -66.02%), housing and utilities (-3.19% vs 221.91%), furnishings, household equipment, and maintenance (-3.05% vs 3.23%), health (-0.09% vs 1.20%), recreation sport culture gardens and pets (-3.75% vs -3.14%), and miscellaneous goods & services (-2.12% vs 2.89%). On a monthly basis, consumer prices decreased by 23.04%, deepening from 8.0% drop in September.
2025-11-13