Israel’s annual inflation rate rose for the eighth straight month to 2.3 percent in October of 2021, slower than a 2.5 percent increase in the previous month, below the market expectations of 2.6 percent. Upward pressure came from cost of transport (2.7 percent); food, excluding vegetables & fruits (3.2 percent); furnishing (4.3 percent); education (3.8 percent); and housing (1.9 percent). On a monthly basis, consumer prices ticked up 0.1 percent in October, following a 0.2 percent rise in September. source: Central Bureau of Statistics, Israel
Inflation Rate in Israel averaged 27.89 percent from 1952 until 2021, reaching an all time high of 486.23 percent in November of 1984 and a record low of -2.70 percent in March of 2004. This page provides the latest reported value for - Israel Inflation Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Israel Inflation Rate - data, historical chart, forecasts and calendar of releases - was last updated on December of 2021.
Inflation Rate in Israel is expected to be 3.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Israel Inflation Rate is projected to trend around 1.50 percent in 2022, according to our econometric models.