The Central Bureau of Statistics reported that Consumer Price Index CPI in Israel decreased to 99.10 Index Points in December from 99.20 Index Points in November of 2015.
Consumer prices in Israel decreased 1.0% year-on-year. In 2015, the CPI fell 1%, the second successive year of negative inflation, after the CPI fell 0.2% in 2014. This is well below the government's inflation target range of between 1% and 3%. December's reading was the lowest since March, as transport (-5.4%); fresh fruit and vegetables (-16.9%), culture and entertainment (-1.5%), dwellings maintenance (-5.5%); furniture (-1.6%) and clothing (-1.7%) prices fell. In contrast, upward pressure came from: housing (+2.2%), footwear (6.2%) and food (+2.1%).
In Israel, the Consumer Price Index or CPI measures changes in the prices paid by consumers for a basket of goods and services. This page provides the latest reported value for - Israel Consumer Price Index (CPI) - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.
Israel Consumer Price Index (CPI) - actual data, historical chart and calendar of releases - was last updated on January of 2016.