Inflation expectations · Israel

Israel Inflation Expectations

The Israel Inflation Expectations measures the inflation that households, businesses or professional forecasters in Israel expect over the coming months or years.

Importance
Low
Released
Monthly
Next release
Currency
ILS · Israeli shekel
Central bank
The Bank of Israel

Latest figures

The latest release for OCT, published on 29 October 2026, came in at 1.7%, up from 1.6% the time before (revised).

Over the last 12 releases it ranged from 1.3% to 1.7%, averaging 1.5%.

Nov 2025: 1.6%Dec 2025: 1.5%Jan 2026: 1.4%Feb 2026: 1.5%Apr 2026: 1.7%Apr 2026: 1.6%May 2026: 1.7%Jun 2026: 1.6%Jul 2026: 1.5%Aug 2026: 1.4%Sep 2026: 1.3%Oct 2026: 1.7% Nov 2025Oct 2026
Actual results; the short line on a bar marks the consensus.
ReleasedForActualConsensusPrevious
29 Oct 2026OCT1.7%–1.6% ®
23 Sep 2026SEP1.3%–1.2% ®
19 Aug 2026AUG1.4%–1.5%
20 Jul 2026JULY1.5%–1.5% ®
19 Jun 2026JUN1.6%–1.8% ®
21 May 2026MAY1.7%–1.6%
22 Apr 2026APR1.6%–1.7%
14 Apr 2026MAR1.7%–1.5%
19 Feb 2026FEB1.5%–1.4%
21 Jan 2026JAN1.4%–1.4% ®
22 Dec 2025DEC1.5%–1.6%
20 Nov 2025NOV1.6%–1.7% ®

See it in the economic calendar →

Why it matters

Expectations feed into wage demands and price setting, so inflation can become self-fulfilling. Central banks watch them closely: well-anchored expectations near the target let the Bank of Israel look through temporary price jumps.

How it is calculated

Survey respondents give their own estimate of future price growth; the release reports the median or average. Market-based versions use the gap between ordinary and inflation-linked bond yields.

What changes mean

  • Rising long-term expectations are a red flag for central banks.
  • Short-term expectations follow petrol and food prices closely.

Higher than expected: A higher figure than expected makes the Bank of Israel more likely to keep rates high or raise them: it tends to support the Israeli shekel and push bond yields up, and is often a weight on stocks.

Lower than expected: A lower figure than expected gives the Bank of Israel room to cut or hold rates lower: the Israeli shekel tends to soften and bond yields to fall.

A short history

Expectations became central to economics with the work of Milton Friedman and Edmund Phelps in the late 1960s; the University of Michigan has asked US households about the prices they expect since its first surveys after the Second World War, and for a numeric inflation rate since the late 1970s.

Questions

What is the Israel Inflation Expectations?

The Israel Inflation Expectations measures the inflation that households, businesses or professional forecasters in Israel expect over the coming months or years.

What was the latest Israel Inflation Expectations?

1.7% for OCT, published on 29 October 2026.

When is the next Israel Inflation Expectations?

On Friday 20 November 2026.

Educational content only, not investment advice. Figures are the published results as recorded by our calendar; market reactions described are typical, not guaranteed.