Consumer prices in Palestine rose by 11.61% year-on-year in February 2026, following a 14.4% drop in the previous month. This marks the first increase since last September, driven by a 31.32% surge in prices in the Gaza Strip, while costs also rose 2.84% in Jerusalem and 1.71% in the West Bank. Among key items, prices increased sharply for imported cigarettes (161.75%), fresh chicken (9.51%), eggs (7.59%), fresh meat (4.13%), and rice (4.01%), reflecting ongoing market instability in Gaza. On a monthly basis, the consumer price index jumped 12.02% in February, largely due to a 37.92% spike in Gaza, alongside smaller increases of 0.39% in Jerusalem and 0.02% in the West Bank. source: Palestinian Central Bureau of Statistics

Inflation Rate in Palestine increased to 11.61 percent in February from -14.40 percent in January of 2026. Inflation Rate in Palestine averaged 5.23 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 March of 2026.

Inflation Rate in Palestine increased to 11.61 percent in February from -14.40 percent in January of 2026. 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
2026-02-12 08:00 AM
Inflation Rate YoY
Jan -14.4% -42.9% -30.0%
2026-03-12 08:00 AM
Inflation Rate YoY
Feb 11.61% -14.4% -5.0%
2026-04-14 08:00 AM
Inflation Rate YoY
Mar 11.61% 5%


Related Last Previous Unit Reference
Consumer Price Index CPI 149.81 133.74 points Feb 2026
CPI Transportation 126.56 128.63 points Feb 2026
Food Inflation -2.69 -20.62 percent Feb 2026
Inflation Rate YoY 11.61 -14.40 percent Feb 2026
Producer Prices 195.30 183.18 points Jan 2026
PPI YoY 23.67 10.44 percent Jan 2026


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
11.61 -14.40 88.93 -42.90 1998 - 2026 percent Monthly
2018=100

News Stream
Palestine CPI Rises 11.6% in February
Consumer prices in Palestine rose by 11.61% year-on-year in February 2026, following a 14.4% drop in the previous month. This marks the first increase since last September, driven by a 31.32% surge in prices in the Gaza Strip, while costs also rose 2.84% in Jerusalem and 1.71% in the West Bank. Among key items, prices increased sharply for imported cigarettes (161.75%), fresh chicken (9.51%), eggs (7.59%), fresh meat (4.13%), and rice (4.01%), reflecting ongoing market instability in Gaza. On a monthly basis, the consumer price index jumped 12.02% in February, largely due to a 37.92% spike in Gaza, alongside smaller increases of 0.39% in Jerusalem and 0.02% in the West Bank.
2026-03-12
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