Inflation Israel 2016

Average inflation: -0.5%

Current Inflation

There is deflation with consumer prices declining by 0.5%.

Peak and Trough

The highest inflation was in February at -0.2%. The lowest inflation was in April at -0.9%.

Highest month
February: -0.2%
Lowest month
April: -0.9%
Difference
0.7 percentage points
Months with data
12 of 12

Category Insights

The highest price increase was in Restaurants and hotels with an average of 2.0%. The lowest price increase was in Communication with an average of -4.0%.

Highest increase
Restaurants and hotels: 2.0%
Lowest increase
Communication: -4.0%

Historical Context

Current inflation is 1.0% lower than the 5-year average of 0.5%.

5-year average
0.5%
10-year average
1.7%
All-time high (1997)
9%
All-time low (2015)
-0.6%

Trend

Inflation has remained relatively stable. Compared to 2015, the difference is minimal (+0.1 percentage point).

Change vs. previous year
+0.1 percentage points
Largest monthly swing
February: +0.8 percentage points

ECB Target

Inflation is 2.5% 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 €99.50 next year at this inflation rate.

Multi-year trend

Monthly figures 2016

Inflation by category

Food and non-alcoholic beverages
-1.2%
-0.7vs avg.
More details →
Alcoholic beverages, tobacco and narcotics
1.5%
+2.0vs avg.
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Clothing and footwear
-0.2%
+0.3vs avg.
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Housing, water, electricity, gas and other fuels
1.3%
+1.8vs avg.
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Furnishings, household equipment and maintenance
-2.0%
-1.5vs avg.
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Health
-0.2%
+0.3vs avg.
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Transport
-3.6%
-3.1vs avg.
More details →
Communication
-4.0%
-3.5vs avg.
More details →
Recreation and culture
-2.3%
-1.8vs avg.
More details →
Education
1.9%
+2.4vs avg.
More details →
Restaurants and hotels
2.0%
+2.5vs avg.
More details →
Miscellaneous goods and services
0.2%
+0.7vs avg.
More details →

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

Month overview

Month Inflation Difference vs. 2015
January -0.6% -0.1
February -0.2% +0.8
March -0.8% +0.1
April -0.9% -0.4
May -0.8% -0.5
June -0.7% -0.2
July -0.6% -0.3
August -0.7% -0.2
September -0.3% +0.2
October -0.3% +0.4
November -0.2% +0.7
December -0.2% +0.7
Average -0.5%

Data source

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

See also