Inflation Rate in Palestine decreased to 1.72 percent in September from 2.55 percent in August of 2021. source: Palestinian Central Bureau of Statistics

Inflation Rate in Palestine averaged 2.92 percent from 1998 until 2021, reaching an all time high of 15.08 percent in July of 2008 and a record low of -2.42 percent in August of 2020. 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. Palestine Inflation Rate - data, historical chart, forecasts and calendar of releases - was last updated on October of 2021.

Inflation Rate in Palestine is expected to be 0.70 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Palestine Inflation Rate is projected to trend around 1.00 percent in 2022, according to our econometric models.

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Palestine Inflation Rate

Calendar GMT Actual Previous Consensus TEForecast
2021-07-14 08:00 AM Jun 2.13% 2.30% 2.2%
2021-08-12 08:00 AM Jul 2.28% 2.13% 2%
2021-09-14 08:00 AM Aug 2.55% 2.28% 2.5%
2021-10-14 08:00 AM Sep 1.72% 2.55% 1.5%
2021-11-14 08:00 AM Oct 1.72%
2021-12-14 08:00 AM Nov

Palestine Last Unit Reference Previous Highest Lowest
Inflation Rate 1.72 percent Sep/21 2.55 15.08 -2.42
Food Inflation 3.83 percent Sep/21 5.11 21.48 -5.70
CPI Transportation 100.34 points Sep/21 100.23 108.30 88.80
Consumer Price Index CPI 102.71 points Sep/21 102.27 112.55 83.30
Producer Prices Change 0.63 percent Aug/21 0.83 6.70 -6.30
Producer Prices 99.96 points Aug/21 99.32 106.11 54.70

Palestine Inflation Rate
In Palestine, the most important categories in the consumer price index are food and non-alcoholic beverages (35 percent of the total weight); transport (14 percent) and miscellaneous goods and services (12 percent). The index also includes: housing, water, electricity, gas and other fuels (9 percent); clothing, footwear (5 percent); alcoholic beverages and tobacco (4 percent); health (4 percent); communication (3.5 percent); education (3.4 percent); recreation and culture (2 percent) and restaurants and hotels (2.0 percent). .