Consumer Price Index

September's CPI is expected to drop by 0.2%–0.3%, yet annual inflation will likely rise to 1.8%. Consequently, market analysts project the Bank of Israel will hold interest rates steady at 3.25%.

Israel's Consumer Price Index rose by 0.7% in August 2026, bringing annual inflation to 1.5%. Mizrahi Tefahot Bank strategist Ronen Menachem highlights flight prices and fuel as key drivers, while interest rate cut expectations stall amid global monetary shifts.

The Consumer Price Index for August 2026 rose by 0.7%, bringing annual inflation to 1.5%. Meanwhile, the Central Bureau of Statistics reported a 0.2% monthly increase in overall apartment prices for July 2026.

Economists at the Psagot investment house warn that the downward trend in inflation has been exhausted and forecast the Bank of Israel's next steps regarding interest rates.

The Consumer Price Index rose by 0.3% and annual inflation fell to 1.5%, but economists warn of a jump in the coming months that will determine the interest rate decision on September 1. This week: Mizrahi Tefahot concludes the banks' reports, and Azrieli reports. What do you need to know?

The Consumer Price Index shows a 7.5% jump in the travel category, with the number of Israelis flying abroad reaching an all-time high of 1.15 million passengers.

Annual inflation stands at 1.5%, higher than the forecast. Transport and culture became more expensive, clothing and vegetables became cheaper. Construction inputs: a slight retreat this month, but an annual increase of 3.5% amid rising labor costs. The apartment price index rose by only 0.1%; Jerusalem and Haifa climbed, the Center and Tel Aviv fell.

The Consumer Price Index for July will be released tomorrow at 14:00. While economists expect a moderate rise, they warn of inflationary pressures in the coming months that could impact the Bank of Israel's interest rate policy.