Inflation rate in Israel
Annual inflation in Israel was 1.5% in August 2026: consumer prices compared with the same month a year earlier. The month before, it was 1.5%.
Inflation by month in Israel
Monthly figures: national statistics compiled by the Bank for International Settlements (consumer prices, change on a year earlier).
Inflation by year in Israel
| Year | Inflation |
|---|---|
| 2025 | 3.0% |
| 2024 | 3.1% |
| 2023 | 4.2% |
| 2022 | 4.4% |
| 2021 | 1.5% |
| 2020 | -0.6% |
| 2019 | 0.8% |
| 2018 | 0.8% |
| 2017 | 0.2% |
| 2016 | -0.5% |
| 2015 | -0.6% |
| 2014 | 0.5% |
| 2013 | 1.6% |
| 2012 | 1.7% |
| 2011 | 3.5% |
| 2010 | 2.7% |
| 2009 | 3.4% |
| 2008 | 4.5% |
| 2007 | 0.5% |
| 2006 | 2.1% |
| 2005 | 1.3% |
| 2004 | -0.4% |
| 2003 | 0.7% |
| 2002 | 5.8% |
| 2001 | 1.1% |
Yearly figures: World Bank, inflation, consumer prices (annual %).
The real interest rate is the central bank’s policy rate minus the latest inflation rate: a plain difference, not a forecast.
Frequently asked questions
What is the inflation rate in Israel?
Annual inflation in Israel was 1.5% in August 2026 (consumer prices compared with a year earlier).
What was the inflation rate in Israel in 2025?
Inflation in Israel was 3.0% in 2025 (World Bank, consumer prices, annual average).
What was the inflation rate in Israel in 2020?
Inflation in Israel was -0.6% in 2020 (World Bank, consumer prices, annual average).
What was the inflation rate in Israel in 2015?
Inflation in Israel was -0.6% in 2015 (World Bank, consumer prices, annual average).
What is the real interest rate in Israel?
The policy rate is 3.25% and inflation 1.5%, so the real interest rate is about 1.7%.
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