Inflation Israel 2015

Average inflation: -0.6%

Current Inflation

There is deflation with consumer prices declining by 0.6%.

Peak and Trough

The highest inflation was in May at -0.3%. The lowest inflation was in February at -1.0%.

Highest month
May: -0.3%
Lowest month
February: -1.0%
Difference
0.7 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 2.6%. The lowest price increase was in Communication with an average of -6.3%.

Highest increase
Alcoholic beverages, tobacco and narcotics: 2.6%
Lowest increase
Communication: -6.3%

Historical Context

Current inflation is 1.9% lower than the 5-year average of 1.3%.

5-year average
1.3%
10-year average
2%
All-time high (1996)
11.5%
All-time low (2015)
-0.6%

Trend

Inflation shows a downward trend. Compared to 2014, inflation has fallen by +1.1 percentage point.

Change vs. previous year
-1.1 percentage points
Largest monthly swing
February: -2.3 percentage points

ECB Target

Inflation is 2.6% below the ECB target of 2.0%. Too low inflation may indicate economic weakness.

Purchasing Power

Due to deflation, purchasing power increases. Money becomes more valuable instead of less.

What you could buy for €100 this year will cost approximately €99.40 next year at this inflation rate.

Multi-year trend

Monthly figures 2015

Inflation by category

Food and non-alcoholic beverages
0.1%
+0.7vs avg.
More details →
Alcoholic beverages, tobacco and narcotics
2.6%
+3.2vs avg.
More details →
Clothing and footwear
-1.2%
-0.6vs avg.
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Housing, water, electricity, gas and other fuels
0.5%
+1.1vs avg.
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Furnishings, household equipment and maintenance
-2.4%
-1.8vs avg.
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Health
0.5%
+1.1vs avg.
More details →
Transport
-3.3%
-2.7vs avg.
More details →
Communication
-6.3%
-5.7vs avg.
More details →
Recreation and culture
-1.7%
-1.1vs avg.
More details →
Education
1.7%
+2.3vs avg.
More details →
Restaurants and hotels
1.2%
+1.8vs avg.
More details →
Miscellaneous goods and services
0.5%
+1.1vs avg.
More details →

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

Month overview

Month Inflation Difference vs. 2014
January -0.5% -1.9
February -1.0% -2.3
March -0.9% -2.2
April -0.5% -1.4
May -0.3% -1.2
June -0.5% -1.1
July -0.3% -0.6
August -0.5% -0.5
September -0.5% -0.2
October -0.7% -0.4
November -0.9% -0.8
December -0.9% -0.7
Average -0.6%

Data source

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

See also