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Inflation · 12-mo

Index-linked mortgage tracks grow as the CPI rises. The principal itself swells.

Current value
2.90%
As of 2026-04

Historical trend

Historical · fromJun 2024 0.0% over period
2.74%2.97%3.20%3.43%3.66%Jun 2024Oct 2024Feb 2025Jun 2025Oct 2025Feb 2026Apr 2026
Source · הלמ״ס / CBS Israel12-month CPI change. Published monthly by the Israel CBS.

What is Inflation · 12-mo?

Inflation is the rate at which prices rise. Israel's CBS measures it via the Consumer Price Index (CPI) — a basket of goods and services an average household consumes (food, housing, transport, education, leisure, etc.). The value shown here is the 12-month change.

How it affects you

If your salary does not at least keep up with inflation — your buying power drops. If your checking account does not earn at least the inflation rate — you lose real money every year. Index-linked mortgages see the principal "swell" with inflation, so you pay more for the same home.

How to read this number

The Bank of Israel inflation target is 1%–3% per year. Values above 3% are considered high and typically prompt rate hikes. Negative values (deflation) are rare and dangerous — a sign of economic slowdown.

Related calculators

inflation calculator →compound interest calculator →

Source: CBS Israel

Frequently asked

פתח/סגור: CPI goes up every month — is that bad?

Not necessarily. Moderate growth (1%–3% annually) is part of a healthy economy. The problem is high inflation (above 4%–5%) that spreads uncertainty and triggers rate hikes.

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