Inflation Palestine 2017
Average inflation: 0.2%
Current Inflation
Inflation is very low at 0.2%, well below the ECB target.
Peak and Trough
The highest inflation was in March at 1.7%. The lowest inflation was in July at -0.9%.
- Highest month
- March: 1.7%
- Lowest month
- July: -0.9%
- Difference
- 2.6 percentage points
- Months with data
- 12 of 12
Category Insights
The highest price increase was in Energy with an average of 3.4%. The lowest price increase was in Energy with an average of 3.4%.
- Highest increase
- Energy: 3.4%
- Lowest increase
- Energy: 3.4%
Historical Context
Current inflation is 0.8% lower than the 5-year average of 1.0%.
- 5-year average
- 1%
- 10-year average
- 2.7%
- All-time high (2008)
- 9.9%
- All-time low (2016)
- -0.2%
Trend
Inflation shows a downward trend. Compared to 2016, inflation has fallen by +0.4 percentage point.
- Change vs. previous year
- +0.4 percentage points
- Largest monthly swing
- October: +2.7 percentage points
ECB Target
Inflation is 1.8% below the ECB target of 2.0%. Too low inflation may indicate economic weakness.
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 €100.20 next year at this inflation rate.
Multi-year trend
Monthly figures 2017
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 2016 |
|---|---|---|
| January | -0.3% | -1.0 |
| February | 0.6% | -0.3 |
| March | 1.7% | +1.4 |
| April | 0.9% | +1.2 |
| May | 0.5% | +0.8 |
| June | -0.7% | -0.6 |
| July | -0.9% | -1.2 |
| August | -0.7% | -1.2 |
| September | -0.1% | +0.6 |
| October | 1.0% | +2.7 |
| November | 0.7% | +1.9 |
| December | 0.0% | +1.0 |
| Average | 0.2% |
Data source
Data from WorldBank. Last updated: 06/01/2026.