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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Palestine CPI Plunges 40% in June
Consumer prices in Palestine plunged 40.04% year-on-year in June 2026, deepening from a 36.96% decline in May and marking the sharpest deflation since December last year. Across the territories, consumer prices fell 62.77% in the Gaza Strip, while inflation remained positive in the West Bank (1.31%) and Jerusalem (2.31%). The sharp decline continued to reflect the normalization of prices in Gaza following the exceptionally high levels recorded during the previous two years. On a monthly basis, consumer prices fell 1.6% in June, following a 0.4% decline in May. This was driven by broad-based declines in gas (-67.31%), eggs (-25.04%), fresh vegetables (-14.75%), fresh chicken (-11.72%), potatoes and other tubers (-9.82%), dried vegetables (-9.58%), fresh fruit (-7.39%), diesel fuel (-7.19%), rice (-1.62%), and vegetable oils (-1.05%).
2026-07-14
Palestine Consumer Prices Fall Most in 5 Months
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 dropped by 21.78% year-on-year in April 2026, reversing a 3.02% increase in the previous month and marking the sharpest decline since late December. Across the territories, the Gaza Strip recorded a steep 42.84% drop, while prices rose by 3.64% in the West Bank and 3.45% in Jerusalem. On a monthly basis, the consumer price index declined by 0.75% in April, driven by a 4.41% fall in Gaza, partly offset by increases of 2.08% in the West Bank and 0.73% in Jerusalem. The decline was led by lower prices for dried vegetables (-20.69%), potatoes and other tubers (-20.60%), fresh vegetables (-16.47%), fresh chicken (-6.22%), gas (-4.35%), other sugar and sugar substitutes (-3.28%), fresh meat (-3.19%), and bread (-2.11%).
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