The inflation rate in Palestine was recorded at 1.58 percent in December of 2019.
Inflation Rate in Palestine averaged 3.15 percent from 1998 until 2019, reaching an all time high of 15.08 percent in July of 2008 and a record low of -2.11 percent in March of 2018. This page provides the latest reported value for - Palestine Inflation Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.
Inflation Rate in Palestine is expected to be 2.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Inflation Rate in Palestine to stand at 3.50 in 12 months time. In the long-term, the Palestine Inflation Rate is projected to trend around 3.50 percent in 2020, according to our econometric models.