Inflation Palestine 2019

Average inflation: 1.6%

Current Inflation

Inflation is low at 1.6%, below the ECB target of 2%.

Peak and Trough

The highest inflation was in May at 2.8%. The lowest inflation was in January at 0.4%.

Highest month
May: 2.8%
Lowest month
January: 0.4%
Difference
2.4 percentage points
Months with data
12 of 12

Category Insights

The highest price increase was in Energy with an average of -0.1%. The lowest price increase was in Energy with an average of -0.1%.

Highest increase
Energy: -0.1%
Lowest increase
Energy: -0.1%

Historical Context

Current inflation is 1.0% higher than the 5-year average of 0.6%.

5-year average
0.6%
10-year average
1.6%
All-time high (2008)
9.9%
All-time low (2018)
-0.2%

Trend

Inflation shows an upward trend. Compared to 2018, inflation has risen by +1.8 percentage point.

Change vs. previous year
+1.8 percentage points
Largest monthly swing
May: +3.7 percentage points

ECB Target

Inflation is 0.4% 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 €101.60 next year at this inflation rate.

Multi-year trend

Monthly figures 2019

Inflation by category

Energy
-0.1%
-1.7vs avg.
More details →

Inflation differs per product group. Click on a category for the historical trend.

Month overview

Month Inflation Difference vs. 2018
January 0.4% +0.7
February 0.4% +1.3
March 1.4% +3.5
April 2.0% +3.3
May 2.8% +3.7
June 1.4% +0.4
July 1.5% +0.3
August 1.9% +1.3
September 2.3% +2.4
October 1.6% +1.5
November 1.6% +1.5
December 1.6% +1.3
Average 1.6%

Data source

Data from WorldBank. Last updated: 06/01/2026.

See also