Israel’s annual inflation rose for the seventh straight month to 2.5 percent in September of 2021, from 2.2 percent in the previous month but slightly below the market estimation of 2.6 percent. It was the highest rise in consumer prices since November of 2011, boosted by cost of transport (4 percent); food, excluding vegetables & fruits (2.7 percent); furnishing (4.3 percent); education (3.3 percent); and housing (1.8 percent). On a monthly basis, consumer prices went up 0.2 percent in September, following a 0.3 percent increase in August. source: Central Bureau of Statistics, Israel
Inflation Rate in Israel averaged 27.95 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 October of 2021.
Inflation Rate in Israel is expected to be 1.60 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.