Inflation Palestine 2020
Average inflation: -0.7%
Current Inflation
There is deflation with consumer prices declining by 0.7%.
Peak and Trough
The highest inflation was in January at 1.3%. The lowest inflation was in August at -2.4%.
- Highest month
- January: 1.3%
- Lowest month
- August: -2.4%
- Difference
- 3.7 percentage points
- Months with data
- 12 of 12
Category Insights
The highest price increase was in Energy with an average of 0.6%. The lowest price increase was in Energy with an average of 0.6%.
- Highest increase
- Energy: 0.6%
- Lowest increase
- Energy: 0.6%
Historical Context
Current inflation is 0.8% lower than the 5-year average of 0.1%.
- 5-year average
- 0.1%
- 10-year average
- 1.1%
- All-time high (2008)
- 9.9%
- All-time low (2020)
- -0.7%
Trend
Inflation has remained relatively stable. Compared to 2019, the difference is minimal (-2.3 percentage point).
- Change vs. previous year
- -2.3 percentage points
- Largest monthly swing
- May: -4.8 percentage points
ECB Target
Inflation is 2.7% below the ECB target of 2.0%. Too low inflation may indicate economic weakness.
Purchasing Power
Due to deflation, purchasing power increases. Money becomes more valuable instead of less.
What you could buy for €100 this year will cost approximately €99.30 next year at this inflation rate.
Multi-year trend
Monthly figures 2020
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 2019 |
|---|---|---|
| January | 1.3% | +0.9 |
| February | 1.2% | +0.8 |
| March | 1.1% | -0.3 |
| April | -0.6% | -2.6 |
| May | -2.0% | -4.8 |
| June | -1.9% | -3.3 |
| July | -2.1% | -3.6 |
| August | -2.4% | -4.3 |
| September | -1.5% | -3.8 |
| October | -0.7% | -2.3 |
| November | -0.8% | -2.4 |
| December | -0.2% | -1.8 |
| Average | -0.7% |
Data source
Data from WorldBank. Last updated: 06/01/2026.