Inflation Israel 1988
Average inflation: 16.4%
Current Inflation
Inflation is very high at 16.4%, far above the ECB target.
Peak and Trough
The highest inflation was in November at 18.2%. The lowest inflation was in January at 15.1%.
- Highest month
- November: 18.2%
- Lowest month
- January: 15.1%
- Difference
- 3.1 percentage points
- Months with data
- 12 of 12
Category Insights
The highest price increase was in Education with an average of 25.2%. The lowest price increase was in Communication with an average of 10.0%.
- Highest increase
- Education: 25.2%
- Lowest increase
- Communication: 10.0%
Historical Context
Current inflation is 142.2% lower than the 5-year average of 158.6%. This approaches the lowest level since records began (16.4% in 1988).
- 5-year average
- 158.6%
- 10-year average
- 137.9%
- All-time high (1985)
- 348%
- All-time low (1988)
- 16.4%
Trend
Inflation shows a downward trend. Compared to 1987, inflation has fallen by +2.8 percentage point.
- Change vs. previous year
- -2.8 percentage points
- Largest monthly swing
- January: -7.5 percentage points
ECB Target
Inflation is 14.4% above the ECB target of 2.0%. This means purchasing power is declining faster than intended.
Purchasing Power
At this high inflation rate, purchasing power rapidly decreases. This has a major impact on households, especially without adequate salary increases.
What you could buy for €100 this year will cost approximately €116.40 next year at this inflation rate.
Multi-year trend
Monthly figures 1988
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 1987 |
|---|---|---|
| January | 15.1% | -7.5 |
| February | 15.7% | -5.7 |
| March | 16.1% | -5.0 |
| April | 16.5% | -3.2 |
| May | 16.9% | -2.5 |
| June | 16.1% | -3.2 |
| July | 15.4% | -4.6 |
| August | 15.2% | -4.5 |
| September | 16.3% | -2.3 |
| October | 17.3% | -0.2 |
| November | 18.2% | +2.6 |
| December | 17.4% | +2.0 |
| Average | 16.4% |
Data source
Data from OECD. Last updated: 11/01/2026.