Inflation Israel 2026
Average inflation: 1.8%
Current Inflation
Inflation is low at 1.8%, below the ECB target of 2%.
Peak and Trough
The highest inflation was in February at 2.0%. The lowest inflation was in July at 1.5%.
- Highest month
- February: 2.0%
- Lowest month
- July: 1.5%
- Difference
- 0.5 percentage points
- Months with data
- 8 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 -6.8%.
- Highest increase
- Alcoholic beverages, tobacco and narcotics: 3.9%
- Lowest increase
- Clothing and footwear: -6.8%
Historical Context
Current inflation is 1.5% 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 +1.3 percentage point.
- Change vs. previous year
- -1.3 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 ₪101.80 next year at this inflation rate.
Multi-year trend
Monthly figures 2026
Inflation by category
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 |
| March | 1.9% | -1.4 |
| April | 1.9% | -1.7 |
| May | 1.9% | -1.2 |
| June | 1.6% | -1.7 |
| July | 1.5% | -1.6 |
| August | 1.5% | -1.4 |
| Average | 1.8% |
Data source
Data from OECD. Last updated: 19/09/2026. Not all months available yet.