Inflation Palestine 1998
Average inflation: 5.6%
Current Inflation
Inflation is very high at 5.6%, far above the ECB target.
Peak and Trough
The highest inflation was in December at 9.7%. The lowest inflation was in April at 2.5%.
- Highest month
- December: 9.7%
- Lowest month
- April: 2.5%
- Difference
- 7.2 percentage points
- Months with data
- 12 of 12
Category Insights
The highest price increase was in Energy with an average of 3.7%. The lowest price increase was in Energy with an average of 3.7%.
- Highest increase
- Energy: 3.7%
- Lowest increase
- Energy: 3.7%
Historical Context
Current inflation is around the 5-year average of 5.6%. This approaches the highest level since records began (5.6% in 1998).
- 5-year average
- 5.6%
- 10-year average
- 5.6%
- All-time high (1998)
- 5.6%
- All-time low (1998)
- 5.6%
Trend
ECB Target
Inflation is 3.6% above the ECB target of 2.0%. This means purchasing power is declining faster than intended.
Purchasing Power
At this high inflation rate, purchasing power rapidly decreases. This has a major impact on households, especially without adequate salary increases.
What you could buy for €100 this year will cost approximately €105.60 next year at this inflation rate.
Multi-year trend
Monthly figures 1998
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation |
|---|---|
| January | 6.8% |
| February | 4.8% |
| March | 4.1% |
| April | 2.5% |
| May | 4.8% |
| June | 4.1% |
| July | 3.5% |
| August | 3.5% |
| September | 5.2% |
| October | 8.2% |
| November | 9.5% |
| December | 9.7% |
| Average | 5.6% |
Data source
Data from WorldBank. Last updated: 06/01/2026.