Israel’s annual inflation rate rose to 1.6% in September 2026 from 1.5% in August, below market expectations of 1.8% and remaining comfortably within the central bank’s 1%-3% target range. Price pressures picked up for food, including vegetables (1.6% vs 1%), dwelling maintenance (1.5% vs 1.4%), and education, culture and entertainment (1% vs 0.8%). Meanwhile, deflation deepened for furnishings (-4.3% vs -3.9%) and clothing and footwear (-5.7% vs -5.2%). Inflation was unchanged for housing (3.8%), while it eased for transport and communication (0.4% vs 0.6%) and health (1.3% vs 1.5%). On a monthly basis, consumer prices fell 0.5%, more than forecast for a 0.3% decrease, reversing a 0.7% rise in August. source: Central Bureau of Statistics, Israel

Inflation Rate in Israel increased to 1.60 percent in September from 1.50 percent in August of 2026. Inflation Rate in Israel averaged 26.26 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 October of 2026.

Inflation Rate in Israel increased to 1.60 percent in September from 1.50 percent in August of 2026. 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 1.70 percent in 2027 and 1.90 percent in 2028, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-09-15 03:30 PM
Inflation Rate YoY
Aug 1.5% 1.5% 1.6% 1.5%
2026-10-15 03:30 PM
Inflation Rate YoY
Sep 1.6% 1.5% 1.8% 1.7%
2026-11-15 04:30 PM
Inflation Rate YoY
Oct 1.6%


Related Last Previous Unit Reference
Consumer Price Index CPI 105.30 105.80 points Sep 2026
Core Consumer Prices 105.30 105.80 points Sep 2026
Core Inflation Rate 1.45 1.34 percent Sep 2026
CPI Clothing 85.70 86.50 points Sep 2026
CPI Education 106.60 105.80 points Sep 2026
CPI Food 104.60 104.40 Points Sep 2026
CPI Health 104.90 104.80 Points Sep 2026
CPI Housing Utilities 109.60 109.60 points Sep 2026
CPI Recreation and Culture 104.90 107.80 Points Sep 2026
CPI Transportation 102.90 105.40 points Sep 2026
Export Prices 108.50 108.50 points Jun 2026
Food Inflation 1.60 1.00 percent Sep 2026
Import Prices 128.10 121.60 points Jun 2026
Inflation Rate YoY 1.60 1.50 percent Sep 2026
Inflation Rate MoM -0.50 0.70 percent Sep 2026
Producer Prices 123.20 122.30 points Sep 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
1.60 1.50 486.20 -2.70 1952 - 2026 percent Monthly
2022=100

News Stream
Israel Inflation Rate Edges Up
Israel’s annual inflation rate rose to 1.6% in September 2026 from 1.5% in August, below market expectations of 1.8% and remaining comfortably within the central bank’s 1%-3% target range. Price pressures picked up for food, including vegetables (1.6% vs 1%), dwelling maintenance (1.5% vs 1.4%), and education, culture and entertainment (1% vs 0.8%). Meanwhile, deflation deepened for furnishings (-4.3% vs -3.9%) and clothing and footwear (-5.7% vs -5.2%). Inflation was unchanged for housing (3.8%), while it eased for transport and communication (0.4% vs 0.6%) and health (1.3% vs 1.5%). On a monthly basis, consumer prices fell 0.5%, more than forecast for a 0.3% decrease, reversing a 0.7% rise in August.
2026-10-15
Israel Inflation Rate Holds Steady
Israel’s annual inflation rate stood at 1.5% in August 2026, unchanged from the previous month and slightly below the expected 1.6%. Inflation remains comfortably within the central bank’s 1%-3% target range, with the reading at its lowest level since May 2021. Price growth rebounded for transport (0.6% vs -0.4%), while deflation eased for furnishings (-3.9% vs -4.1%) and clothing and footwear (-5.2% vs -6.3%). Meanwhile, price pressures eased for food, including vegetables (1% vs 1.4%), housing (3.8% vs 3.9%), dwelling maintenance (1.4% vs 1.6%), health (1.5% vs 1.6%), and education, culture and entertainment (0.8% vs 1.3%). On a monthly basis, consumer prices rose 0.7%, accelerating from a 0.3% increase in the previous month.
2026-09-15
Israel Inflation Slows Further
Israel’s annual inflation rate eased to 1.5% in July 2026, down from 1.6% in June and below market expectations of an unchanged reading, remaining comfortably within the central bank’s 1%-3% target range. The latest reading marked the lowest inflation rate since May 2021, as price pressures moderated across several categories. Inflation slowed for food, including vegetables (1.4% vs 1.6%), housing (3.9% vs 4.2%), dwelling maintenance (1.6% vs 1.8%), health (1.6% vs 1.8%), and education, culture and entertainment (1.3% vs 1.4%). Meanwhile, deflation deepened for transport (-0.4% vs -0.3%), furnishings (-4.1% vs -3.7%), and clothing and footwear (-6.3% vs -5.9%). On a monthly basis, consumer prices rose 0.3%, following a flat reading in June.
2026-08-14