Consumer prices in Palestine declined by 14.4% year-on-year in January 2026, easing from a sharp 42.9% drop in the previous month and marking the fourth consecutive month of a deflationary trend. Meanwhile, prices increased in Jerusalem (2.95%), and the West Bank (1.75%). Among key food items, prices increased for fresh vegetables (10.15%), fresh fruit (8.55%), potatoes and other tubers (8.12%), rice (4.9%), dried vegetables (3.2%), and bread (2.1%), alongside imported cigarettes (15.7%), and gas (2.3%). On a monthly basis, consumer prices climbed 1.11% in January, rebounding from a 3.76% decrease in the prior month. source: Palestinian Central Bureau of Statistics

Inflation Rate in Palestine decreased by 14.40 percent in January from -42.90 percent in December of 2025. Inflation Rate in Palestine averaged 5.21 percent from 1998 until 2026, 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 by 14.40 percent in January from -42.90 percent in December 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
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 -14.4% -42.9% -30.0%
2026-03-12 08:00 AM
Inflation Rate YoY
Feb -14.4% -5.0%


Related Last Previous Unit Reference
Consumer Price Index CPI 133.74 132.28 points Jan 2026
CPI Transportation 128.63 130.52 points Jan 2026
Food Inflation -20.62 -42.90 percent Jan 2026
Inflation Rate YoY -14.40 -42.90 percent Jan 2026
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
-14.40 -42.90 88.93 -42.90 1998 - 2026 percent Monthly
2018=100

News Stream
Palestine Consumer Prices Ease in January
Consumer prices in Palestine declined by 14.4% year-on-year in January 2026, easing from a sharp 42.9% drop in the previous month and marking the fourth consecutive month of a deflationary trend. Meanwhile, prices increased in Jerusalem (2.95%), and the West Bank (1.75%). Among key food items, prices increased for fresh vegetables (10.15%), fresh fruit (8.55%), potatoes and other tubers (8.12%), rice (4.9%), dried vegetables (3.2%), and bread (2.1%), alongside imported cigarettes (15.7%), and gas (2.3%). On a monthly basis, consumer prices climbed 1.11% in January, rebounding from a 3.76% decrease in the prior month.
2026-02-12
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