Inflation Israel 2012

Average inflation: 1.7%

Current Inflation

Inflation is low at 1.7%, below the ECB target of 2%.

Peak and Trough

The highest inflation was in September at 2.1%. The lowest inflation was in June at 0.9%.

Highest month
September: 2.1%
Lowest month
June: 0.9%
Difference
1.2 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 8.5%. The lowest price increase was in Communication with an average of -2.8%.

Highest increase
Alcoholic beverages, tobacco and narcotics: 8.5%
Lowest increase
Communication: -2.8%

Historical Context

Current inflation is 1.5% lower than the 5-year average of 3.2%.

5-year average
3.2%
10-year average
2%
All-time high (1994)
12.2%
All-time low (2004)
-0.4%

Trend

Inflation shows a downward trend. Compared to 2011, inflation has fallen by +1.8 percentage point.

Change vs. previous year
-1.8 percentage points
Largest monthly swing
June: -3.3 percentage points

ECB Target

Inflation is 0.3% 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 €101.70 next year at this inflation rate.

Multi-year trend

Monthly figures 2012

Inflation by category

Food and non-alcoholic beverages
0.6%
-1.1vs avg.
More details →
Alcoholic beverages, tobacco and narcotics
8.5%
+6.8vs avg.
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Clothing and footwear
-1.4%
-3.1vs avg.
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Housing, water, electricity, gas and other fuels
4.5%
+2.8vs avg.
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Furnishings, household equipment and maintenance
-1.9%
-3.6vs avg.
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Health
2.2%
+0.5vs avg.
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Transport
1.7%
-0.0vs avg.
More details →
Communication
-2.8%
-4.5vs avg.
More details →
Recreation and culture
-1.1%
-2.8vs avg.
More details →
Education
-1.7%
-3.4vs avg.
More details →
Restaurants and hotels
2.1%
+0.4vs avg.
More details →
Miscellaneous goods and services
3.0%
+1.3vs avg.
More details →

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

Month overview

Month Inflation Difference vs. 2011
January 2.0% -1.6
February 1.7% -2.5
March 1.8% -2.6
April 2.0% -2.1
May 1.7% -2.4
June 0.9% -3.3
July 1.3% -2.1
August 1.9% -1.6
September 2.1% -0.8
October 1.8% -1.0
November 1.4% -1.3
December 1.5% -0.7
Average 1.7%

Data source

Data from OECD. Last updated: 11/01/2026.

See also