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.

The average inflation rate in Israel was forecast to continuously decrease between 2024 and 2029 by in total one percentage points. According to this forecast, in 2029, the inflation will have decreased for the seventh consecutive year to 2.12 percent. The International Monetary Fund describes this indicator as a measure of 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.Find more key insights for the average inflation rate in countries like Qatar, Saudi Arabia, and Oman.

Forventningerne til inflationen i Israel faldt til 2 procent i februar fra 2,10 procent i januar 2025. Aktuelle værdier, historiske data, prognoser, statistik, diagrammer og økonomisk kalender - Israel - Inflationsforventninger.

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.

Core consumer prices in Israel increased 3.53 percent in February 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 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.

Israel IL: Inflation:(GDP) Gross Domestic ProductDeflator data was reported at 0.152 % in 2017. This records a decrease from the previous number of 0.843 % for 2016. Israel IL: Inflation:(GDP) Gross Domestic ProductDeflator data is updated yearly, averaging 8.777 % from Dec 1961 (Median) to 2017, with 57 observations. The data reached an all-time high of 384.770 % in 1984 and a record low of -1.688 % in 1967. Israel IL: Inflation:(GDP) Gross Domestic ProductDeflator data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Israel – Table IL.World Bank.WDI: Inflation. Inflation as measured by the annual growth rate of the GDP implicit deflator shows the rate of price change in the economy as a whole. The GDP implicit deflator is the ratio of GDP in current local currency to GDP in constant local currency.; ; World Bank national accounts data, and OECD National Accounts data files.; Median;

Graph and download economic data for Consumer Price Index: OECD Groups: All Items Non-Food Non-Energy: Total for Israel (CPGRLE01ILQ657N) from Q2 1970 to Q3 2023 about Israel, core, all items, CPI, inflation, price index, indexes, and price.

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.

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]

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]

Inflation rate of Israel rocketed by 17.99% from 3.3 % in 2024M12 to 3.9 % in 2025M1. Since the 1.66% reduction in 2024M11, inflation rate surged by 12.98% in 2025M1.

Israel Expected Inflation Rate: Capital Market: 3-5 Years Forward data was reported at 2.400 % in Feb 2025. This records an increase from the previous number of 2.300 % for Jan 2025. Israel Expected Inflation Rate: Capital Market: 3-5 Years Forward data is updated monthly, averaging 2.400 % from Jan 2008 (Median) to Feb 2025, with 206 observations. The data reached an all-time high of 3.600 % in Apr 2009 and a record low of 1.200 % in Mar 2020. Israel Expected Inflation Rate: Capital Market: 3-5 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.I066: Inflation Expectations. [COVID-19-IMPACT]

Inflation, GDP deflator (annual %) in Israel was reported at 4.2661 % in 2023, according to the World Bank collection of development indicators, compiled from officially recognized sources. Israel - Inflation, GDP deflator (annual %) - actual values, historical data, forecasts and projections were sourced from the World Bank on March of 2025.

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]

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.

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.

Israel IL: Core Inflation Index data was reported at 1.212 Index, 2015 in 2026. This records an increase from the previous number of 1.178 Index, 2015 for 2025. Israel IL: Core Inflation Index data is updated yearly, averaging 0.758 Index, 2015 from Dec 1970 (Median) to 2026, with 57 observations. The data reached an all-time high of 1.212 Index, 2015 in 2026 and a record low of 0.000 Index, 2015 in 1970. Israel IL: Core Inflation Index 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: Consumer and Wholesale Price Index: Forecast: OECD Member: Annual. PCORE - Core inflation indexOECD group, all items non-food non-energy. See exceptions at the country serie metadataIndex, national reference year

Israel IL: Core Inflation Index: YoY: Single Hit Scenario data was reported at 0.390 % in 2021. This records an increase from the previous number of -0.091 % for 2020. Israel IL: Core Inflation Index: YoY: Single Hit Scenario data is updated yearly, averaging 10.668 % from Dec 1971 (Median) to 2021, with 51 observations. The data reached an all-time high of 371.938 % in 1984 and a record low of -0.937 % in 2004. Israel IL: Core Inflation Index: YoY: Single Hit Scenario 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: Consumer and Wholesale Price Index: Forecast: OECD Member: Annual. PCORE_YTYPCT - Core inflationOECD group, all items non-food non-energy. See exceptions at the country's serie metadataData are seasonally adjusted by the OECD; OECD calculation: All items non-food non-energy

Israel IL: Core Inflation Index: YoY data was reported at 2.880 % in 2026. This records a decrease from the previous number of 3.482 % for 2025. Israel IL: Core Inflation Index: YoY data is updated yearly, averaging 5.764 % from Dec 1971 (Median) to 2026, with 56 observations. The data reached an all-time high of 371.938 % in 1984 and a record low of -0.971 % in 2004. Israel IL: Core Inflation Index: YoY 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: Consumer and Wholesale Price Index: Forecast: OECD Member: Annual. PCORE_YTYPCT - Core inflationOECD group, all items non-food non-energy. See exceptions at the country's serie metadata; OECD calculation: All items non-food non-energy