Israel’s consumer price inflation edged down in July 2026, with the year-on-year Consumer Price Index (CPI) reading coming in at 1.5%, compared with 1.6% in June 2026. The data, updated on 14 August 2026, indicate a modest easing in price pressures as measured against the same month a year earlier.
The comparison is based on annual changes: the current figure reflects the change in prices in July 2026 versus July 2025, while the previous reading measured June 2026 against June 2025. The slight decline suggests inflationary momentum has cooled marginally, which may factor into market expectations for monetary policy and broader economic conditions in Israel.
