Inflation Israel 2007
Average inflation: 0.5%
Current Inflation
Inflation is very low at 0.5%, well below the ECB target.
Peak and Trough
The highest inflation was in December at 3.2%. The lowest inflation was in March at -1.1%.
- Highest month
- December: 3.2%
- Lowest month
- March: -1.1%
- Difference
- 4.3 percentage points
- Months with data
- 12 of 12
Category Insights
The highest price increase was in Restaurants and hotels with an average of 4.2%. The lowest price increase was in Clothing and footwear with an average of -2.9%.
- Highest increase
- Restaurants and hotels: 4.2%
- Lowest increase
- Clothing and footwear: -2.9%
Historical Context
Current inflation is around the 5-year average of 0.9%.
- 5-year average
- 0.9%
- 10-year average
- 2.3%
- All-time high (1989)
- 20.3%
- All-time low (2004)
- -0.4%
Trend
Inflation has remained relatively stable. Compared to 2006, the difference is minimal (-1.6 percentage point).
- Change vs. previous year
- -1.6 percentage points
- Largest monthly swing
- March: -4.8 percentage points
ECB Target
Inflation is 1.5% below the ECB target of 2.0%. Too low inflation may indicate economic weakness.
Purchasing Power
At this inflation rate, purchasing power gradually decreases. The impact on daily expenses is relatively limited.
What you could buy for €100 this year will cost approximately €100.50 next year at this inflation rate.
Multi-year trend
Monthly figures 2007
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 2006 |
|---|---|---|
| January | 0.1% | -2.4 |
| February | -1.0% | -4.1 |
| March | -1.1% | -4.8 |
| April | -1.1% | -4.8 |
| May | -1.1% | -4.3 |
| June | -0.7% | -3.9 |
| July | 0.3% | -2.2 |
| August | 0.9% | -1.3 |
| September | 1.4% | +0.2 |
| October | 2.1% | +2.2 |
| November | 2.6% | +2.9 |
| December | 3.2% | +3.3 |
| Average | 0.5% |
Data source
Data from OECD. Last updated: 11/01/2026.