Palestine Consumer Prices Fall Most in 5 Months

2026-06-15 04:27 By Czyrill Jean Coloma 1 min. read

Consumer prices in Palestine plunged by 36.96% year-on-year in May 2026, extending the decline from a 21.78% fall in the previous month.

It marked the sharpest consumer deflation since December 2025, as prices fell across most key items, namely dried vegetables (-15.8%), fresh vegetables (-11.91%), flour of cereals (-10.29%), fresh fruits (-8.32%), other sugar and sugar substitutes (-6.96%), potatoes and other tubers (-5.94%), liquid fuel for cars, diesel (-3.58%), vegetable oils (-3.57%), and rice (-1.81%).

Among major groups, deflation was recorded in food and non-alcoholic beverages (-44.63%), housing and utilities (-50.95%), and transport (-9.89%).

Across the territories, the Gaza Strip recorded a steep 59.96% decline, while prices rose by 2.69% in the West Bank and 3.21% in Jerusalem.

On a monthly basis, consumer prices fell 0.4%, reversing a 5.27% increase in April.



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Consumer prices in Palestine plunged by 36.96% year-on-year in May 2026, extending the decline from a 21.78% fall in the previous month. It marked the sharpest consumer deflation since December 2025, as prices fell across most key items, namely dried vegetables (-15.8%), fresh vegetables (-11.91%), flour of cereals (-10.29%), fresh fruits (-8.32%), other sugar and sugar substitutes (-6.96%), potatoes and other tubers (-5.94%), liquid fuel for cars, diesel (-3.58%), vegetable oils (-3.57%), and rice (-1.81%). Among major groups, deflation was recorded in food and non-alcoholic beverages (-44.63%), housing and utilities (-50.95%), and transport (-9.89%). Across the territories, the Gaza Strip recorded a steep 59.96% decline, while prices rose by 2.69% in the West Bank and 3.21% in Jerusalem. On a monthly basis, consumer prices fell 0.4%, reversing a 5.27% increase in April.
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