The inflation rate in Israel was recorded at 0.60 percent in December of 2019. Inflation Rate in Israel averaged 28.64 percent from 1952 until 2019, reaching an all time high of 486.23 percent in November of 1984 and a record low of -2.74 percent in March of 2004. In Israel, the most important categories in the consumer price index are Housing (25.2 percent of the total weight) and Transport and Communication (20.6 percent). Food accounts for 16.5 percent; Education, Culture and Entertainment for 11.7 percent and Dwelling Maintenance for 9.7 percent. Others include: Health (5.2 percent); Miscellaneous Goods and Services (4.3 percent); Furniture and Household Equipment (3.7 percent) and Clothing and Footwear (3.1 percent). The national index has a base of 100 as of 2012. This page provides the latest reported value for – Israel Inflation Rate – plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.