By December 2024, the consumer price index (CPI) for food in Israel was measured at a little over 110 points. This represented an almost 8 point increase since January 2023. During the observed period, eight out of ten of the main CPI categories for goods and services in the country increased.

In December 2024, the consumer price index (CPI) in Israel was measured at 108.4 points. This was a slight decrease compared to the previous month. During the observed period, the CPI grew gradually, indicating a general rise in consumer prices and inflation.

Key information about Israel Consumer Price Index CPI growth

• Israel Consumer Price Index (CPI) growth was measured at 3.5 % YoY in Feb 2025, compared with a rate of 3.8 % in the previous month.
• Israel Consumer Price Index growth data is updated monthly, available from Jan 1993 to Feb 2025, with an averaged number of 2.4 % YoY.
• The data reached an all-time high of 14.3 % YoY in Dec 1994 and a record low of -2.6 % YoY in Mar 2004.

CEIC calculates Consumer Price Index Growth from monthly Consumer Price Index. The Central Bureau of Statistics provides Consumer Price Index with base 2024=100. Consumer Price Index Growth prior to January 2002 is calculated from Consumer Price Index with base 2010=100. [COVID-19-IMPACT]

In April 2023, the Consumer Price Index (CPI) for rent in Israel was measured at 104.6 points. This was a slight increase compared to the previous month. The CPI fluctuated during the observed period and increased within the first four months of 2023.

Inflation Rate in Israel decreased to 3.40 percent in February from 3.80 percent in January of 2025. This dataset 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.

Graph and download economic data for Consumer Price Index: OECD Groups: Services Less Housing: Total for Israel (ISRCPGRLH01GPQ) from Q2 1970 to Q3 2023 about Israel, services, CPI, price index, indexes, and price.

As of December 2024, the consumer price index (CPI) for transportation in Israel reached 110 points relative to 2022 prices. This reflected a decrease in the cost of transport compared to the previous month. Overall, this CPI subgroup trended upward during the observed period from 103.4 points in January 2023.

In April 2023, the Consumer Price Index (CPI) for clothing in Israel was measured at 97.2 points. This was a moderate increase compared to the previous month. The CPI fluctuated during the observed period, while it peaked in April 2023.

Graph and download economic data for Consumer Price Index: Transport (COICOP 07): Total for Israel (ISRCP070000GPM) from Feb 1985 to Nov 2023 about Israel, transportation, CPI, price index, indexes, and price.

Graph and download economic data for Consumer Price Index: Health (COICOP 06): Total for Israel (ISRCP060000GPQ) from Q2 1985 to Q3 2023 about Israel, CPI, price index, indexes, and price.

In April 2023, the consumer price index (CPI) for butter in Israel stood at 103.6. That was a slight decrease compared to the previous month. The CPI peaked at 104.5 points in March 2023. Overall, the CPI for this dairy product fluctuated slightly during the observed period.

In December 2024, the consumer price index (CPI) for ice cream in Israel was measured at 111.9 points. This was an increase compared to the previous month and the highest CPI in the observed period. The CPI of this consumer good grew rapidly after May 2024.

Graph and download economic data for Consumer Price Index: Miscellaneous Goods and Services (COICOP 12): Total for Israel (ISRCP120000GPQ) from Q2 1985 to Q3 2023 about Israel, miscellaneous, services, CPI, price index, indexes, and price.

Graph and download economic data for Consumer Price Index: OECD Groups: Goods: Total for Israel (ISRCPGRGO01GPM) from Feb 1985 to Nov 2023 about Israel, CPI, price index, indexes, and price.

In April 2023, the Consumer Price Index (CPI) for glasses and optical products in Israel was measured at 102.8 points. This month's value slightly increased compared to the previous month of March, which stood at a value of just half a point more. The CPI of this category of education increased during the observed period.

Israel inflation rate for 2023 was 4.23%, a 0.17% decline from 2022.

• Israel inflation rate for 2022 was 4.39%, a 2.88% increase from 2021.
• Israel inflation rate for 2021 was 1.51%, a 2.12% increase from 2020.
• Israel inflation rate for 2020 was -0.61%, a 1.46% decline from 2019.

Inflation as measured by the consumer price index reflects the annual percentage change in the cost to the average consumer of acquiring a basket of goods and services that may be fixed or changed at specified intervals, such as yearly. The Laspeyres formula is generally used.

Graph and download economic data for Consumer Price Index: OECD Groups: Energy (Fuel, Electricity, and Gasoline): Total for Israel (CPGREN01ILQ657N) from Q2 1970 to Q3 2023 about Israel, fuels, electricity, energy, gas, CPI, price index, indexes, and price.

In December 2024, the consumer price index (CPI) for coffee in Israel was measured at 107 points. This was an increase compared to the previous month and the highest recorded CPI over the period observed.

Graph and download economic data for Consumer Price Index: OECD Groups: All Items Non-Food Non-Energy: Total for Israel (CPGRLE01ILM657N) from Feb 1970 to Nov 2023 about Israel, core, all items, CPI, inflation, price index, indexes, and price.

Graph and download economic data for Consumer Price Index: Communication (COICOP 08): Total for Israel (ISRCP080000IXNBM) from Jan 1985 to Nov 2023 about Israel, communication, CPI, price index, indexes, and price.