Inflation Israel 2011

Average inflation: 3.5%

Current Inflation

Inflation is high at 3.5%, well above the ECB target.

Peak and Trough

The highest inflation was in March at 4.4%. The lowest inflation was in December at 2.2%.

Highest month
March: 4.4%
Lowest month
December: 2.2%
Difference
2.2 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 6.0%. The lowest price increase was in Furnishings, household equipment and maintenance with an average of -1.2%.

Highest increase
Alcoholic beverages, tobacco and narcotics: 6.0%
Lowest increase
Furnishings, household equipment and maintenance: -1.2%

Historical Context

Current inflation is 0.6% higher than the 5-year average of 2.9%.

5-year average
2.9%
10-year average
2.4%
All-time high (1992)
12.3%
All-time low (2004)
-0.4%

Trend

Inflation has remained relatively stable. Compared to 2010, the difference is minimal (+0.8 percentage point).

Change vs. previous year
+0.8 percentage points
Largest monthly swing
August: +1.8 percentage points

ECB Target

Inflation is 1.5% above the ECB target of 2.0%. This means purchasing power is declining faster than intended.

Purchasing Power

At this inflation rate, purchasing power noticeably decreases. Without a salary increase, you can buy less with the same money.

What you could buy for €100 this year will cost approximately €103.50 next year at this inflation rate.

Multi-year trend

Monthly figures 2011

Inflation by category

Food and non-alcoholic beverages
3.4%
-0.1vs avg.
More details →
Alcoholic beverages, tobacco and narcotics
6.0%
+2.5vs avg.
More details →
Clothing and footwear
5.7%
+2.2vs avg.
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Housing, water, electricity, gas and other fuels
5.7%
+2.2vs avg.
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Furnishings, household equipment and maintenance
-1.2%
-4.7vs avg.
More details →
Health
2.3%
-1.3vs avg.
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Transport
3.2%
-0.3vs avg.
More details →
Communication
4.4%
+0.9vs avg.
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Recreation and culture
-0.2%
-3.7vs avg.
More details →
Education
2.6%
-0.9vs avg.
More details →
Restaurants and hotels
3.4%
-0.1vs avg.
More details →
Miscellaneous goods and services
2.6%
-0.9vs avg.
More details →

Inflation differs per product group. Click on a category for the historical trend.

Month overview

Month Inflation Difference vs. 2010
January 3.6% -0.1
February 4.2% +0.7
March 4.4% +1.2
April 4.1% +1.0
May 4.1% +1.1
June 4.2% +1.7
July 3.4% +1.5
August 3.5% +1.8
September 2.9% +0.4
October 2.8% +0.3
November 2.7% +0.5
December 2.2% -0.5
Average 3.5%

Data source

Data from OECD. Last updated: 13/01/2026.

See also