Inflation Palestine 2007
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 December at 4.8%. The lowest inflation was in May at -1.1%.
- Highest month
- December: 4.8%
- Lowest month
- May: -1.1%
- Difference
- 5.9 percentage points
- Months with data
- 12 of 12
Category Insights
The highest price increase was in Energy with an average of -2.3%. The lowest price increase was in Energy with an average of -2.3%.
- Highest increase
- Energy: -2.3%
- Lowest increase
- Energy: -2.3%
Historical Context
Current inflation is 1.6% lower than the 5-year average of 3.4%.
- 5-year average
- 3.4%
- 10-year average
- 3.8%
- All-time high (2002)
- 5.7%
- All-time low (2001)
- 1.2%
Trend
Inflation shows a downward trend. Compared to 2006, inflation has fallen by +2.1 percentage point.
- Change vs. previous year
- -2.1 percentage points
- Largest monthly swing
- May: -6.6 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 2007
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 2006 |
|---|---|---|
| January | 2.0% | -1.5 |
| February | 1.0% | -2.3 |
| March | 0.5% | -3.2 |
| April | 0.3% | -3.3 |
| May | -1.1% | -6.6 |
| June | 0.1% | -5.1 |
| July | 0.1% | -4.7 |
| August | 2.9% | -1.3 |
| September | 2.7% | -1.4 |
| October | 4.2% | +1.6 |
| November | 4.7% | +2.2 |
| December | 4.8% | +1.6 |
| Average | 1.8% |
Data source
Data from WorldBank. Last updated: 06/01/2026.