Inflation Israel 2026

Average inflation: 1.9%

Current Inflation

Inflation is low at 1.9%, below the ECB target of 2%.

Peak and Trough

The highest inflation was in February at 2.0%. The lowest inflation was in January at 1.8%.

Highest month
February: 2.0%
Lowest month
January: 1.8%
Difference
0.2 percentage points
Months with data
2 of 12

Category Insights

The highest price increase was in Alcoholic beverages, tobacco and narcotics with an average of 3.9%. The lowest price increase was in Clothing and footwear with an average of -7.8%.

Highest increase
Alcoholic beverages, tobacco and narcotics: 3.9%
Lowest increase
Clothing and footwear: -7.8%

Historical Context

Current inflation is 1.4% lower than the 5-year average of 3.3%.

5-year average
3.3%
10-year average
1.9%
All-time high (2008)
4.5%
All-time low (2020)
-0.6%

Trend

Inflation shows a downward trend. Compared to 2025, inflation has fallen by +1.2 percentage point.

Change vs. previous year
-1.2 percentage points
Largest monthly swing
January: -2.0 percentage points

ECB Target

Inflation is close to the ECB target of 2.0%.

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 €101.90 next year at this inflation rate.

Multi-year trend

Monthly figures 2026

Inflation by category

Food and non-alcoholic beverages
2.2%
+0.3vs avg.
More details →
Alcoholic beverages, tobacco and narcotics
3.9%
+2.0vs avg.
More details →
Clothing and footwear
-7.8%
-9.7vs avg.
More details →
Housing, water, electricity, gas and other fuels
3.7%
+1.8vs avg.
More details →
Furnishings, household equipment and maintenance
-4.0%
-5.9vs avg.
More details →
Health
2.2%
+0.3vs avg.
More details →
Transport
0.5%
-1.4vs avg.
More details →
Communication
-1.9%
-3.8vs avg.
More details →
Recreation and culture
-0.2%
-2.1vs avg.
More details →
Education
2.5%
+0.6vs avg.
More details →
Restaurants and hotels
2.0%
+0.1vs avg.
More details →
Miscellaneous goods and services
3.8%
+1.9vs avg.
More details →

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

Month overview

Month Inflation Difference vs. 2025
January 1.8% -2.0
February 2.0% -1.5
Average 1.9%

Data source

Data from OECD. Last updated: 21/03/2026.Not all months available yet.

See also