Inflation Israel 1994
Average inflation: 12.2%
Current Inflation
Inflation is very high at 12.2%, far above the ECB target.
Peak and Trough
The highest inflation was in December at 14.4%. The lowest inflation was in March at 9.4%.
- Highest month
- December: 14.4%
- Lowest month
- March: 9.4%
- Difference
- 5.0 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 21.9%. The lowest price increase was in Alcoholic beverages, tobacco and narcotics with an average of -0.3%.
- Highest increase
- Housing, water, electricity, gas and other fuels: 21.9%
- Lowest increase
- Alcoholic beverages, tobacco and narcotics: -0.3%
Historical Context
Current inflation is 2.1% lower than the 5-year average of 14.3%.
- 5-year average
- 14.3%
- 10-year average
- 53.9%
- All-time high (1985)
- 348%
- All-time low (1993)
- 10.9%
Trend
Inflation has remained relatively stable. Compared to 1993, the difference is minimal (+1.3 percentage point).
- Change vs. previous year
- +1.3 percentage points
- Largest monthly swing
- September: +3.6 percentage points
ECB Target
Inflation is 10.2% 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 €112.20 next year at this inflation rate.
Multi-year trend
Monthly figures 1994
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 1993 |
|---|---|---|
| January | 10.7% | 0.0 |
| February | 9.8% | -1.3 |
| March | 9.4% | -1.9 |
| April | 10.3% | +0.1 |
| May | 11.0% | -0.1 |
| June | 12.0% | +0.6 |
| July | 13.3% | +2.6 |
| August | 13.7% | +3.1 |
| September | 13.8% | +3.6 |
| October | 14.1% | +3.1 |
| November | 14.2% | +2.7 |
| December | 14.4% | +3.6 |
| Average | 12.2% |
Data source
Data from OECD. Last updated: 13/01/2026.