Inflation Palestine 2002
Average inflation: 5.7%
Current Inflation
Inflation is very high at 5.7%, far above the ECB target.
Peak and Trough
The highest inflation was in August at 7.7%. The lowest inflation was in January at 3.0%.
- Highest month
- August: 7.7%
- Lowest month
- January: 3.0%
- Difference
- 4.7 percentage points
- Months with data
- 12 of 12
Category Insights
The highest price increase was in Energy with an average of 8.1%. The lowest price increase was in Energy with an average of 8.1%.
- Highest increase
- Energy: 8.1%
- Lowest increase
- Energy: 8.1%
Historical Context
Current inflation is 1.5% higher than the 5-year average of 4.2%. This approaches the highest level since records began (5.7% in 2002).
- 5-year average
- 4.2%
- 10-year average
- 4.2%
- All-time high (2002)
- 5.7%
- All-time low (2001)
- 1.2%
Trend
Inflation shows an upward trend. Compared to 2001, inflation has risen by +4.5 percentage point.
- Change vs. previous year
- +4.5 percentage points
- Largest monthly swing
- August: +6.2 percentage points
ECB Target
Inflation is 3.7% 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 €105.70 next year at this inflation rate.
Multi-year trend
Monthly figures 2002
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 2001 |
|---|---|---|
| January | 3.0% | +2.9 |
| February | 3.5% | +3.6 |
| March | 3.7% | +3.0 |
| April | 4.8% | +3.2 |
| May | 5.2% | +4.3 |
| June | 5.9% | +4.9 |
| July | 6.9% | +5.7 |
| August | 7.7% | +6.2 |
| September | 7.4% | +5.5 |
| October | 7.6% | +5.8 |
| November | 6.2% | +3.9 |
| December | 6.4% | +4.6 |
| Average | 5.7% |
Data source
Data from WorldBank. Last updated: 06/01/2026.