Inflation Israel 2002
Average inflation: 5.8%
Current Inflation
Inflation is very high at 5.8%, far above the ECB target.
Peak and Trough
The highest inflation was in July at 7.0%. The lowest inflation was in January at 3.3%.
- Highest month
- July: 7.0%
- Lowest month
- January: 3.3%
- Difference
- 3.7 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 14.5%. The lowest price increase was in Clothing and footwear with an average of -5.0%.
- Highest increase
- Alcoholic beverages, tobacco and narcotics: 14.5%
- Lowest increase
- Clothing and footwear: -5.0%
Historical Context
Current inflation is 2.1% higher than the 5-year average of 3.7%.
- 5-year average
- 3.7%
- 10-year average
- 7.2%
- All-time high (1985)
- 348%
- All-time low (2000)
- 1%
Trend
Inflation shows an upward trend. Compared to 2001, inflation has risen by +4.7 percentage point.
- Change vs. previous year
- +4.7 percentage points
- Largest monthly swing
- July: +6.3 percentage points
ECB Target
Inflation is 3.8% 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 €105.80 next year at this inflation rate.
Multi-year trend
Monthly figures 2002
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 2001 |
|---|---|---|
| January | 3.3% | +3.5 |
| February | 4.3% | +4.1 |
| March | 4.4% | +3.8 |
| April | 5.0% | +3.8 |
| May | 5.7% | +4.9 |
| June | 6.7% | +6.1 |
| July | 7.0% | +6.3 |
| August | 6.4% | +4.6 |
| September | 6.4% | +3.7 |
| October | 7.0% | +4.9 |
| November | 6.7% | +5.2 |
| December | 6.7% | +5.3 |
| Average | 5.8% |
Data source
Data from OECD. Last updated: 11/01/2026.