Palestine Consumer Prices Fall Further in September

Consumer prices in Palestine fell 25.18% year-on-year in September 2026, following a 34.25% decline in the previous month. The overall drop was driven by a 46.43% plunge in the Gaza Strip, while prices continued to rise in the West Bank (+3.34%) and Jerusalem J1 (+2.83%). On a monthly basis, the CPI rose 4.69%, accelerating from a 0.09% increase in August. Prices surged 11.36% in the Gaza Strip, compared with increases of 0.53% in the West Bank and 0.44% in Jerusalem J1. The monthly increase was led by higher prices for imported cigarettes (+28.95%), white flour (+11.96%), and fresh vegetables (+8.57%). Additional upward pressure came from education services (+2.97%), passenger transport by road (+2.79%), and eggs (+1.24%).

Consumer prices in Palestine fell 34.25% year-on-year in August 2026, easing from a 43.19% decline in the previous month, which marked the steepest drop on record. Prices fell at a slower pace in the Gaza Strip (58.39% vs 66.27% in July), while inflation accelerated in Jerusalem (3.30% vs 1.90%) and the West Bank (3.27% vs 1.67%). On a monthly basis, the CPI edged up 0.09%, following a 1.68% decline in July. The monthly increase was driven by sharp rebounds in the prices of diesel (17.34% vs -3.12%), fresh vegetables (10.17% vs -5.19%), and eggs (6.21% vs -8.20%). Additional upward pressure came from higher prices for potatoes and other tubers (5.42%), passenger transport by road (3.40%), fresh chicken (1.99%), gas (1.66%), and petrol (1.14%). Meanwhile, prices decreased for dried vegetables (-2.34%), dried pulses (-2.33%), fresh meat (-2.00%), and fresh fruit (-1.77%).

Consumer prices in Palestine fell 43.19% year-on-year in July 2026, deepening from a 40.04% decline in June and marking another sharp drop in consumer prices. The continued year-on-year decline largely reflects the normalization of prices in Gaza following the exceptionally high price levels recorded previously. Prices in the Gaza Strip plunged 66.27%, while prices increased 1.90% in Jerusalem J1 and 1.67% in the West Bank. On a monthly basis, the CPI fell 1.68% in July, compared with a 1.6% decline in June. The monthly drop was driven by lower prices for eggs (-8.20%), fresh vegetables (-5.19%), petrol (-4.11%), diesel (-3.12%), fresh fruit (-2.41%), gas (-2.10%), fresh chicken (-1.61%), and vegetable oils (-1.40%).