Inflation Palestine 2021
Average inflation: 1.3%
Current Inflation
Inflation is low at 1.3%, below the ECB target of 2%.
Peak and Trough
The highest inflation was in August at 2.6%. The lowest inflation was in January at -0.6%.
- Highest month
- August: 2.6%
- Lowest month
- January: -0.6%
- Difference
- 3.2 percentage points
- Months with data
- 12 of 12
Category Insights
The highest price increase was in Energy with an average of 3.7%. The lowest price increase was in Energy with an average of 3.7%.
- Highest increase
- Energy: 3.7%
- Lowest increase
- Energy: 3.7%
Historical Context
Current inflation is 0.9% higher than the 5-year average of 0.4%.
- 5-year average
- 0.4%
- 10-year average
- 1%
- All-time high (2008)
- 9.9%
- All-time low (2020)
- -0.7%
Trend
Inflation has remained relatively stable. Compared to 2020, the difference is minimal (+2.0 percentage point).
- Change vs. previous year
- +2.0 percentage points
- Largest monthly swing
- August: +5.0 percentage points
ECB Target
Inflation is 0.7% 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 €101.30 next year at this inflation rate.
Multi-year trend
Monthly figures 2021
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 2020 |
|---|---|---|
| January | -0.6% | -1.9 |
| February | -0.2% | -1.4 |
| March | -0.5% | -1.6 |
| April | 1.3% | +1.9 |
| May | 2.3% | +4.3 |
| June | 2.1% | +4.0 |
| July | 2.3% | +4.4 |
| August | 2.6% | +5.0 |
| September | 1.7% | +3.2 |
| October | 1.3% | +2.0 |
| November | 1.4% | +2.2 |
| December | 1.3% | +1.5 |
| Average | 1.3% |
Data source
Data from WorldBank. Last updated: 06/01/2026.