Israel Inflation Rate

Last updated: 2024-04-25

Annual inflation

2.71%

YoY ending in Mar 2024

Monthly inflation

0.57%

March 2024

The graph above shows the annual inflation rates in Israel for the previous 10 calendar years, from 2014. For additional years, see the historical inflation rates. To calculate cumulative rates between two different periods, you can use the Israel Inflation Calculator.

The current inflation rate in Israel is 2.71%, which is calculated based on CPI (Consumer Price Index) values for the last 12 months ending in March 2024.

In March 2024, the monthly inflation rate was 0.57.

The following table contains recent YoY (Year-over-Year) and MoM (Month-over-Month) values.

Year Measure Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
2024 YoY 2.64 2.53 2.71
MoM 0.00 0.38 0.57
2023 YoY 5.36 5.22 4.98 5.05 4.62 4.20 3.36 4.17 3.86 3.74 3.34 2.94
MoM 0.29 0.49 0.39 0.78 0.19 0.00 0.29 0.48 -0.10 0.48 -0.28 -0.10

Historical Annual Inflation Rates from 1971

The table below contains annual inflation rates in Israel from 1971. The 'Inflation %' column indicates how much prices have changed since the previous year.

The 5-year and 10-year columns display the rolling average of the yearly inflation. For example, the 5-year avg. on the first row indicates that between 2018 and 2023, the average inflation rate was 2.05%. These values can be useful for long-term analysis and forecasting.

You can click or tap the table’s headers to sort the information.

Year Inflation 5-year Avg. 10-year Avg.
1971 13.38 - -
1972 12.35 - -
1973 26.40 - -
1974 56.18 - -
1975 23.52 24.17 -
1976 38.02 28.19 -
1977 42.54 32.79 -
1978 48.14 38.94 -
1979 111.39 45.90 -
1980 132.95 61.43 41.58
1981 101.49 78.46 51.25
1982 131.50 96.94 61.72
1983 190.69 117.26 73.74
1984 444.88 164.09 96.29
1985 189.99 196.19 118.66
1986 18.52 174.37 121.28
1987 15.63 142.59 118.58
1988 17.30 108.88 113.03
1989 20.28 58.85 104.82
1990 18.01 23.65 91.38
1991 17.86 18.42 80.25
1992 9.64 16.98 68.46
1993 10.80 15.86 55.57
1994 14.51 14.26 34.72
1995 7.92 12.81 18.11
1996 10.83 11.31 14.81
1997 7.12 10.70 13.80
1998 8.50 9.59 12.68
1999 1.28 8.17 11.17
2000 0.00 6.36 9.54
2001 1.41 4.32 7.76
2002 6.66 3.70 7.14
2003 -1.95 2.74 6.11
2004 1.33 1.63 4.85
2005 2.36 1.69 4.00
2006 -0.13 1.87 3.09
2007 3.20 0.83 2.26
2008 3.97 1.59 2.16
2009 3.82 2.34 1.99
2010 2.76 2.61 2.15
2011 2.13 2.90 2.38
2012 1.53 3.15 1.98
2013 1.94 2.55 2.07
2014 -0.21 1.98 2.16
2015 -0.95 1.31 1.96
2016 -0.21 0.51 1.70
2017 0.43 0.23 1.68
2018 0.75 0.07 1.31
2019 0.64 0.15 1.06
2020 -0.74 0.15 0.73
2021 2.87 0.56 0.53
2022 5.26 1.37 0.80
2023 2.94 2.05 1.06

More historical data →