Israel's annual inflation rate fell to 1.8% in January 2026, its lowest level since June 2021, from 2.6% in December. The reading fell toward the mid-point of the Bank of Israel's 1%-3% target, remaining in the range for the sixth consecutive month. Deflation took place for clothing and footwear (-7.7% vs -8.0% in December 2025) and furnishings and household equipment (-4.0% from -3.3%.) Meanwhile, price growth slowed notably in transport and communication (0.2% vs. 2.7%), education, recreation and culture (1.4% vs. 2.0%), and dwelling maintenance (1.8% vs. 3.3%). Upward pressure stemmed mainly from higher prices for housing (3.8% vs. 3.7%), fruits and vegetables (2.3% vs. 2.0%), and health (2.3% vs. 2.2%). On a monthly basis, consumer prices fell by 0.3%. source: Central Bureau of Statistics, Israel

Inflation Rate in Israel decreased to 1.80 percent in January from 2.60 percent in December of 2025. Inflation Rate in Israel averaged 26.48 percent from 1952 until 2026, reaching an all time high of 486.20 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 February of 2026.

Inflation Rate in Israel decreased to 1.80 percent in January from 2.60 percent in December of 2025. Inflation Rate in Israel is expected to be 2.20 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 2.30 percent in 2027 and 2.20 percent in 2028, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-01-15 04:30 PM
Inflation Rate YoY
Dec 2.6% 2.4% 2.7%
2026-02-15 05:00 PM
Inflation Rate YoY
Jan 1.8% 2.6% 2.8%
2026-03-15 12:00 PM
Inflation Rate YoY
Feb 1.8%


Related Last Previous Unit Reference
Consumer Price Index CPI 103.30 103.60 points Jan 2026
Core Consumer Prices 103.50 103.80 points Jan 2026
Core Inflation Rate 1.97 2.65 percent Jan 2026
CPI Housing Utilities 105.80 105.70 points Jan 2026
CPI Transportation 99.70 102.30 points Jan 2026
Export Prices 109.00 107.40 points Sep 2025
Food Inflation 2.30 3.20 percent Jan 2026
Import Prices 119.60 117.80 points Sep 2025
Inflation Rate YoY 1.80 2.60 percent Jan 2026
Inflation Rate MoM -0.30 0.00 percent Jan 2026
Producer Prices 117.70 118.70 points Jan 2026


Israel Inflation Rate
In Israel, the most important categories in the consumer price index are Housing (25 percent of the total weight); Transport and Communication (18 percent); and Food (18 percent). The index also includes: Education, Culture and Entertainment for 11 percent and Dwelling Maintenance for 9 percent. Miscellaneous Goods and Services for 6 percent; Health for 6 percent; Furniture and Household Equipment 4 percent; and Clothing and Footwear for 3 percent.
Actual Previous Highest Lowest Dates Unit Frequency
1.80 2.60 486.20 -2.70 1952 - 2026 percent Monthly
2022=100

News Stream
Israel Inflation Rate at 2021-Lows
Israel's annual inflation rate fell to 1.8% in January 2026, its lowest level since June 2021, from 2.6% in December. The reading fell toward the mid-point of the Bank of Israel's 1%-3% target, remaining in the range for the sixth consecutive month. Deflation took place for clothing and footwear (-7.7% vs -8.0% in December 2025) and furnishings and household equipment (-4.0% from -3.3%.) Meanwhile, price growth slowed notably in transport and communication (0.2% vs. 2.7%), education, recreation and culture (1.4% vs. 2.0%), and dwelling maintenance (1.8% vs. 3.3%). Upward pressure stemmed mainly from higher prices for housing (3.8% vs. 3.7%), fruits and vegetables (2.3% vs. 2.0%), and health (2.3% vs. 2.2%). On a monthly basis, consumer prices fell by 0.3%.
2026-02-16
Israel Inflation Rate Quickens to 4-Month High of 2.6%
The annual inflation rate in Israel picked up to a four-month high of 2.6% in December 2025 from 2.4% in the prior month. Still, inflation stayed within the government’s annual target range of 1% to 3% for the fifth month running. Main upward pressure came from prices of vegetables & fruit (2% vs -2.7% in November); housing (3.7% vs 3.3%); transport & communication (2.7% vs 1.3%) and miscellaneous (4.7% vs 5.1%). On a monthly basis, consumer prices were flat in December, after a 0.5% decrease in the previous month. Inflation rate averaged 2.6% in 2025, down from 3.2% in 2024.
2026-01-15
Israel Inflation Rate Hits 4-Year Low of 2.4% as Anticipated
The annual inflation rate in Israel ticked down to a four-year low of 2.4% in November 2025 from 2.5% previously, matching market forecasts. The reading stayed within the government’s annual target range of 1% to 3%. Prices slowed further for housing (3.3% vs 3.6% in October); miscellaneous goods & services (5.1% vs 5.2%) and transport and communication (1.3% vs 1.5%). Moreover, decreases were seen for clothing and footwear (-7.3% vs -6.4%); vegetables and fruit (-2.7% vs -5.1%) and furniture and household (-2.8% vs -1.8%). On a monthly basis, the CPI decreased by 0.5% in November, after a similar increase in October, in line with market estimates.
2025-12-15