The inflation rate in Israel increased to just over 3.82 percent in January 2025. This was the highest level since September 2023. During the observed period, inflation rates peaked at 5.4 percent in January 2022. Following a period of interest rate hikes, the Bank of Israel decided to lower its declared interest rate in January 2024.

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

<ul style='margin-top:20px;'>

<li>Israel inflation rate for 2022 was <strong>4.39%</strong>, a <strong>2.88% increase</strong> from 2021.</li>
<li>Israel inflation rate for 2021 was <strong>1.51%</strong>, a <strong>2.12% increase</strong> from 2020.</li>
<li>Israel inflation rate for 2020 was <strong>-0.61%</strong>, a <strong>1.46% decline</strong> from 2019.</li>
</ul>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.

Inflation Rate in Israel increased to 3.60 percent in April from 3.30 percent in March 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.

As shown in this statistic, the average inflation rate in Israel amounts to approximately 2.69 percent in 2025.Fluctuating decline between 1980 and 2025A total decrease by approximately 313.91 percentage points can be seen between 1980 and 2025. This decrease however did not happen continuously.Fluctuating decline between 2025 and 2030The inflation will be around 2.05 percent in 2030, according to forecasts. There is an overall decrease by approximately 0.64 percentage points since 2025.This indicator measures inflation based upon the year on year change in the average consumer price index. The latter expresses a country's average level of prices based on a typical basket of consumer goods and services. The values shown here refer to the year-on-year change in this index measure, expressed in percent.

Israel Expected Inflation Rate: Avg Forecasts: Next 12 Mths data was reported at 2.400 % in Mar 2025. This records a decrease from the previous number of 2.600 % for Feb 2025. Israel Expected Inflation Rate: Avg Forecasts: Next 12 Mths data is updated monthly, averaging 1.800 % from Jan 2008 (Median) to Mar 2025, with 207 observations. The data reached an all-time high of 3.200 % in Jul 2022 and a record low of 0.200 % in May 2020. Israel Expected Inflation Rate: Avg Forecasts: Next 12 Mths data remains active status in CEIC and is reported by Bank of Israel. The data is categorized under Global Database’s Israel – Table IL.I067: Inflation Expectations. [COVID-19-IMPACT]

Core consumer prices in Israel increased 3.88 percent in April of 2025 over the same month in the previous year. This dataset provides the latest reported value for - Israel Core Inflation Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Israel Expected Inflation Rate: Capital Market: First Year Forward data was reported at 2.000 % in Mar 2025. This stayed constant from the previous number of 2.000 % for Feb 2025. Israel Expected Inflation Rate: Capital Market: First Year Forward data is updated monthly, averaging 1.700 % from Jan 2008 (Median) to Mar 2025, with 207 observations. The data reached an all-time high of 3.700 % in Sep 2022 and a record low of -1.700 % in Dec 2008. Israel Expected Inflation Rate: Capital Market: First Year Forward data remains active status in CEIC and is reported by Bank of Israel. The data is categorized under Global Database’s Israel – Table IL.I067: Inflation Expectations. [COVID-19-IMPACT]

Israel Expected Inflation Rate: Capital Market: 5 Years Forward data was reported at 2.200 % in Mar 2025. This stayed constant from the previous number of 2.200 % for Feb 2025. Israel Expected Inflation Rate: Capital Market: 5 Years Forward data is updated monthly, averaging 2.200 % from Jan 2008 (Median) to Mar 2025, with 207 observations. The data reached an all-time high of 3.200 % in Mar 2022 and a record low of 0.600 % in Mar 2020. Israel Expected Inflation Rate: Capital Market: 5 Years Forward data remains active status in CEIC and is reported by Bank of Israel. The data is categorized under Global Database’s Israel – Table IL.I067: Inflation Expectations. [COVID-19-IMPACT]

Consumer Price Index CPI in Israel increased to 103.20 points in April from 102 points in March of 2025. This dataset provides the latest reported value for - Israel Consumer Price Index (CPI) - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

In December 2024, the consumer price index (CPI) for motor vehicle insurance in Israel reached 127.7 points relative to 2022 prices. The CPI recorded for this insurance, product rose significantly in the period under review, peaking in November 2024 at 128.4 points.

Israel Expected Inflation Rate: Capital Market: Second Year Forward data was reported at 2.000 % in Mar 2025. This records a decrease from the previous number of 2.100 % for Feb 2025. Israel Expected Inflation Rate: Capital Market: Second Year Forward data is updated monthly, averaging 2.200 % from Jan 2008 (Median) to Mar 2025, with 207 observations. The data reached an all-time high of 3.800 % in Mar 2022 and a record low of 0.500 % in Jul 2020. Israel Expected Inflation Rate: Capital Market: Second Year Forward data remains active status in CEIC and is reported by Bank of Israel. The data is categorized under Global Database’s Israel – Table IL.I067: Inflation Expectations. [COVID-19-IMPACT]

Rents paid for housing in Israel increased year-on-year between 2011 and 2023. Nevertheless, the inflation-adjusted change was negative between 2021 and 2022, suggesting that rents grew at a slower rate than inflation. In 2023, the nominal growth in rent prices amounted to 5.87 percent, while the real change (adjusted for inflation) amounted to 1.64 percent.

Expected Inflation Rate: Capital Market: Third Year Forward data was reported at 2.300 % in Mar 2025. This stayed constant from the previous number of 2.300 % for Feb 2025. Expected Inflation Rate: Capital Market: Third Year Forward data is updated monthly, averaging 2.400 % from Jan 2008 (Median) to Mar 2025, with 207 observations. The data reached an all-time high of 3.500 % in Mar 2022 and a record low of 0.900 % in Jul 2020. Expected Inflation Rate: Capital Market: Third Year Forward data remains active status in CEIC and is reported by Bank of Israel. The data is categorized under Global Database’s Israel – Table IL.I067: Inflation Expectations. [COVID-19-IMPACT]

Israel IL: NAIRU: Equilibrium Unemployment Rate data was reported at 4.181 % in 2022. This records an increase from the previous number of 4.122 % for 2021. Israel IL: NAIRU: Equilibrium Unemployment Rate data is updated yearly, averaging 8.909 % from Dec 1995 (Median) to 2022, with 28 observations. The data reached an all-time high of 11.761 % in 2002 and a record low of 4.106 % in 2020. Israel IL: NAIRU: Equilibrium Unemployment Rate data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s Israel – Table IL.OECD.EO: Non-Accelerating Inflation Rate of Unemployment (NAIRU): Forecast: OECD Member: Annual. NAIRU - Equilibrium unemployment rate The equilibrium unemployment rate (code NAIRU) is estimated using a Kalman filter in a Phillips curve framework which assumes inflation expectations are anchored at the central bank’s inflation target . The NAIRU is then projected forward from the last estimated period using a simple autoregressive rule, exceptionally modified to account for recent labour market reforms, until the end of the forecasting horizon More details on methodology in Rusticelli E., Turner D. and M. C. Cavalleri (2015), Incorporating anchored inflation expectations in the Phillips Curve and in the derivation of OECD measures of equilibrium unemployment, OECD Economics Department Working Papers No.1231 OECD, Economics Department Working Papers: Incorporating anchored inflation expectations in the Phillips Curve and in the derivation of OECD measures of equilibrium unemployment:https://www.oecd-ilibrary.org/economics/incorporating-anchored-inflation-expectations-in-the-phillips-curve-and-in-the-derivation-of-oecd-measures-of-equilibrium-unemployment_5js1gmq551wd-en

The total consumer spending in Israel was forecast to continuously increase between 2024 and 2029 by in total 59.6 billion U.S. dollars (+23.71 percent). After the sixth consecutive increasing year, the consumer spending is estimated to reach 311.2 billion U.S. dollars and therefore a new peak in 2029. Consumer spending here refers to the domestic demand of private households and non-profit institutions serving households (NPISHs). Spending by corporations and the state is not included. The forecast has been adjusted for the expected impact of COVID-19.Consumer spending is the biggest component of the gross domestic product as computed on an expenditure basis in the context of national accounts. The other components in this approach are consumption expenditure of the state, gross domestic investment as well as the net exports of goods and services. Consumer spending is broken down according to the United Nations' Classification of Individual Consumption By Purpose (COICOP). As not all countries and regions report data in a harmonized way, all data shown here has been processed by Statista to allow the greatest level of comparability possible. The underlying input data are usually household budget surveys conducted by government agencies that track spending of selected households over a given period.The data is shown in nominal terms which means that monetary data is valued at prices of the respective year and has not been adjusted for inflation. For future years the price level has been projected as well. The data has been converted from local currencies to US$ using the average exchange rate of the respective year. For forecast years, the exchange rate has been projected as well. The timelines therefore incorporate currency effects.Find more key insights for the total consumer spending in countries like Iran and Iraq.

Israel IL: NAIRU: Unemployment Gap data was reported at -0.815 % in 2022. This records an increase from the previous number of -1.343 % for 2021. Israel IL: NAIRU: Unemployment Gap data is updated yearly, averaging -0.153 % from Dec 1995 (Median) to 2022, with 28 observations. The data reached an all-time high of 1.692 % in 2008 and a record low of -1.831 % in 2003. Israel IL: NAIRU: Unemployment Gap data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s Israel – Table IL.OECD.EO: Non-Accelerating Inflation Rate of Unemployment (NAIRU): Forecast: OECD Member: Annual. GAPUNR - Unemployment gap Difference of nairu and unemployment rate OECD calculation, see OECD Economic Outlook, Database Inventory OECD Economic Outlook, Database Inventory:https://www.oecd.org/eco/outlook/Database_Inventory.pdf

Israel: Realzins, Zinssatz für Bankkredite minus Inflation: Für diesen Indikator stellen wir Daten für Israel von 2013 bis 2022 bereit. Der durchschnittliche Wert für Israel in diesem Zeitraum lag bei 1.95 Prozent mit einem Minimum von -1.69 Prozent im Jahre 2022 und einem Maximum von 3.46 Prozent im Jahre 2017. Der neuste Wert aus dem Jahr 2022 liegt bei -1.69 Prozent. Zum Vergleich: Der Weltdurchschnitt im Jahr 2022, basierend auf 94 Ländern, liegt bei -0.44 Prozent.

As of January 2025, the Bank of Israel's declared interest rate was 4.5 percent. This was following the Bank's decision to reduce its declared rate by one quarter of a point in January 2024. Between April 2022 and December 2023, the country went through a period of rate hikes in an effort to curb inflation. During the observed period, interest rates in Israel peaked at 17 percent in December 1994 and July 1996. Following the global financial crisis between 2008 and 2011, rates were reduced to near-zero levels until March 2022.

Im Jahr 2024 hat die durchschnittliche Inflationsrate in Israel rund 3,1 Prozent betragen. Für das Jahr 2025 wird die durchschnittliche Inflationsrate in Israel auf rund 2,7 Prozent prognostiziert. Die Statistik zeigt die durchschnittliche Inflationsrate in Israel im Zeitraum 1980 bis 2024 und Prognosen bis zum Jahr 2030. Die durchschnittliche Inflationsrate in Israel soll Prognosen zufolge zwischen 2025 und 2030 um insgesamt 0,7 Prozentpunkte sinken. Die Diskontinuität in 2027 und 2028 zeigt jedoch, dass dieser Rückgang nicht kontinuierlich ist. Die Inflationsrate bildet Veränderungen der Kosten für einen festgelegten Warenkorb ab, der eine repräsentative Auswahl an Waren und Dienstleistungen enthält. Sie wird aus dem Verbraucherpreisindex (VPI) abgeleitet.Hier können Sie weitere Einblicke bezüglich der durchschnittlichen Inflationsrate in Libanon, Jordanien und Kuwait finden.

As shown in this statistic, the average inflation rate in Oman lies at approximately 1.50 percent in 2025.Fluctuating decline between 1980 and 2025Compared to the earliest depicted observation from 1980 there is a total decrease by approximately 8.51 percentage points. From the pattern between 1980 and 2025 it becomes clear that this decrease however did not happen continuously.Fluctuating rise between 2025 and 2030The inflation will stand at roughly 2 percent in 2030, according to forecasts. This indicates an overall increase by approximately 0.50 percentage points since 2025.This indicator measures inflation based upon the year on year change in the average consumer price index. The latter expresses a country's average level of prices based on a typical basket of consumer goods and services. The values shown here refer to the year-on-year change in this index measure, expressed in percent.