Inflation Israel 1996
Average inflation: 11.5%
Current Inflation
Inflation is very high at 11.5%, far above the ECB target.
Peak and Trough
The highest inflation was in July at 13.3%. The lowest inflation was in January at 8.7%.
- Highest month
- July: 13.3%
- Lowest month
- January: 8.7%
- Difference
- 4.6 percentage points
- Months with data
- 12 of 12
Category Insights
The highest price increase was in Alcoholic beverages, tobacco and narcotics with an average of 18.6%. The lowest price increase was in Communication with an average of 5.4%.
- Highest increase
- Alcoholic beverages, tobacco and narcotics: 18.6%
- Lowest increase
- Communication: 5.4%
Historical Context
Current inflation is around the 5-year average of 11.4%.
- 5-year average
- 11.4%
- 10-year average
- 14.9%
- All-time high (1985)
- 348%
- All-time low (1995)
- 10%
Trend
Inflation has remained relatively stable. Compared to 1995, the difference is minimal (+1.5 percentage point).
- Change vs. previous year
- +1.5 percentage points
- Largest monthly swing
- January: -5.1 percentage points
ECB Target
Inflation is 9.5% 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 €111.50 next year at this inflation rate.
Multi-year trend
Monthly figures 1996
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 1995 |
|---|---|---|
| January | 8.7% | -5.1 |
| February | 9.7% | -3.8 |
| March | 11.0% | -1.1 |
| April | 11.6% | +0.6 |
| May | 12.7% | +1.8 |
| June | 13.1% | +3.5 |
| July | 13.3% | +4.7 |
| August | 12.1% | +3.4 |
| September | 11.6% | +3.0 |
| October | 11.4% | +3.4 |
| November | 11.4% | +3.7 |
| December | 10.8% | +2.9 |
| Average | 11.5% |
Data source
Data from OECD. Last updated: 11/01/2026.