Inflation Israel 1989
Average inflation: 20.3%
Current Inflation
Inflation is very high at 20.3%, far above the ECB target.
Peak and Trough
The highest inflation was in July at 21.4%. The lowest inflation was in May at 18.7%.
- Highest month
- July: 21.4%
- Lowest month
- May: 18.7%
- Difference
- 2.7 percentage points
- Months with data
- 12 of 12
Category Insights
The highest price increase was in Housing, water, electricity, gas and other fuels with an average of 32.6%. The lowest price increase was in Clothing and footwear with an average of 4.1%.
- Highest increase
- Housing, water, electricity, gas and other fuels: 32.6%
- Lowest increase
- Clothing and footwear: 4.1%
Historical Context
Current inflation is 73.2% lower than the 5-year average of 93.5%.
- 5-year average
- 93.5%
- 10-year average
- 132.3%
- All-time high (1985)
- 348%
- All-time low (1988)
- 16.4%
Trend
Inflation shows an upward trend. Compared to 1988, inflation has risen by +3.9 percentage point.
- Change vs. previous year
- +3.9 percentage points
- Largest monthly swing
- August: +6.0 percentage points
ECB Target
Inflation is 18.3% 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 €120.30 next year at this inflation rate.
Multi-year trend
Monthly figures 1989
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 1988 |
|---|---|---|
| January | 20.6% | +5.5 |
| February | 20.9% | +5.2 |
| March | 20.0% | +3.9 |
| April | 20.1% | +3.6 |
| May | 18.7% | +1.8 |
| June | 20.3% | +4.2 |
| July | 21.4% | +6.0 |
| August | 21.2% | +6.0 |
| September | 20.7% | +4.4 |
| October | 20.3% | +3.0 |
| November | 19.4% | +1.2 |
| December | 20.3% | +2.9 |
| Average | 20.3% |
Data source
Data from OECD. Last updated: 11/01/2026.