Inflation fell to 0.4% in August, below July’s 0.8%. August’s figure represented the lowest inflation rate since April. Looking at...
Inflation in Israel
Consumer price inflation in Israel averaged 0.8% in the ten years to 2022, below the regional average of 5.4% in the Middle East & North Africa. The 2022 average figure was 4.4%. For more inflation information, visit our dedicated page.
Israel Inflation Chart
Note: This chart displays Inflation Rate (CPI, annual variation in %) for Israel from 2014 to 2023.
Source: Macrobond.
Israel Inflation Data
| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Inflation (CPI, ann. var. %, aop) | 0.8 | -0.6 | 1.5 | 4.4 | 4.2 |
| Inflation (CPI, ann. var. %, eop) | 0.6 | -0.7 | 2.8 | 5.3 | 3.0 |
| Inflation (WPI, ann. var. %, eop) | -1.2 | -4.3 | 11.0 | 9.0 | 0.3 |
Consensus Forecasts and Projections for the next ten years
How should you choose a forecaster if some are too optimistic while others are too pessimistic? FocusEconomics collects Israeli inflation projections for the next ten years from a panel of 17 analysts at the leading national, regional and global forecast institutions. These projections are then validated by our in-house team of economists and data analysts and averaged to provide one Consensus Forecast you can rely on for each indicator. By averaging all forecasts, upside and downside forecasting errors tend to cancel each other out, leading to the most reliable inflation forecast available for Israeli inflation.
Download one of our sample reports to visualize what a Consensus Forecast is and see our Israeli inflation projections.
Want to get access to the full dataset of Israeli inflation forecasts? Send an email to info@focus-economics.com.
Latest Global Inflation News
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Euro Area: Inflation declines in August Harmonized inflation fell to 2.2% in August from July’s 2.6%. August’s figure represented the smallest increase since July 2021 and...