Israel Consumer Prices (12-Month Change)

## What this measures

The change in Israel's consumer price index from a year earlier, from the BIS long consumer price series (national source: Central Bureau of Statistics).

## Why it matters

The Bank of Israel targets 1% to 3%; this is the number the policy rate answers to.

## How to read it

Prices rose 1.6% in the year to June 2026, down from 3.3% a year earlier and the lowest since May 2021. The series starts in 1952 and includes the 1980s hyperinflation (486% in November 1984), so read recent decades on their own.

## What it does not say

It does not show housing purchase prices, which the CPI excludes.

## Source

Bank for International Settlements, series `WS_LONG_CPI/M.IL.771` (stats.bis.org). Palanor reads the full series every day. Source: BIS. Used under the BIS terms for statistics: reuse is unrestricted with the BIS cited as the source, and the statistics carry no additional charge in Palanor.