Israel Inflation October 2023

Israel: Inflation falls to lowest level since July in October

Inflation inched down to 3.7% in October, easing slightly from September’s 3.8% but still above the Bank of Israel’s 1.0–3.0% target range. October’s figure marked the lowest inflation rate since July. Looking at the details of the release, the softer rise in prices was due to more moderate inflation for transport and communication.

Annual average inflation fell to 4.6% in October (September: 4.7%). Meanwhile, core inflation fell to 3.5% in October, from September’s 3.7%.

Finally, consumer prices rose 0.48% over the previous month in October, swinging from September’s 0.10% fall.

Free sample report

Access essential information in the shortest time possible. FocusEconomics provide hundreds of consensus forecast reports from the most reputable economic research authorities in the world.
Close Left Media Arrows Left Media Circles Right Media Arrows Right Media Circles Arrow Quote Wave Address Email Telephone Man in front of screen with line chart Document with bar chart and magnifying glass Application window with bar chart Target with arrow Line Chart Stopwatch Globe with arrows Document with bar chart in front of screen Bar chart with magnifying glass and dollar sign Lightbulb Document with bookmark Laptop with download icon Calendar Icon Nav Menu Arrow Arrow Right Long Icon Arrow Right Icon Chevron Right Icon Chevron Left Icon Briefcase Icon Linkedin In Icon Full Linkedin Icon Filter Facebook Linkedin Twitter Pinterest