Inflation Rate in Israel
Inflation remains steady in April
Inflation held steady at March’s 5.0% in April, well above the Central Bank’s 1.0–3.0% target range. Looking at the details of the release, education, culture and entertainment prices rose at a quicker pace in April compared to the previous month, as did price pressures for transportation and communication. In contrast, food price inflation eased, and clothing prices fell at a sharper pace.
The trend pointed up mildly, with annual average inflation coming in at 4.9% in April (March: 4.8%). Meanwhile, core inflation ticked up to 5.1% in April, from the previous month’s 5.0%.
Finally, consumer prices rose 0.78% in April over the previous month, picking up from the 0.39% increase logged in March. April’s uptick was the highest reading since July 2022.
Israel Inflation Rate Chart
This chart displays Inflation Rate (CPI, annual variation in %) for Israel from 2013 to 2022.
Israel Inflation Rate Data
| 2017 | 2018 | 2019 | 2020 | 2021 | |
|---|---|---|---|---|---|
| Inflation (CPI, ann. var. %, aop) | 0.2 | 0.8 | 0.8 | -0.6 | 1.5 |