Israel's Consumer Price Index Decreased 0.1% in October
Translated & summarized from Davar by baba
Israel's Consumer Price Index fell by 0.1% in October 2026 compared to September, while the annual inflation rate from October 2025 to October 2026 stood at 1.1%. Key price decreases were seen in fresh fruits and transportation, while clothing and fresh vegetables saw increases. The input price index for residential construction rose 0.4% in October, and producer prices for industrial output increased by 1.9%. The housing market continued its downward trend, with the apartment price index falling 0.2% monthly and 1.5% annually.
The story in 7 lines · by baba
- Israel's Consumer Price Index decreased by 0.1% in October 2026 compared to September.
- The annual inflation rate from October 2025 to October 2026 was 1.1%.
- Fresh fruits and transportation prices saw significant drops in October.
- Clothing and fresh vegetables experienced notable price increases in October.
- The input price index for residential construction rose by 0.4% in October.
- The housing market saw a 0.2% monthly decrease in apartment prices.
- The annual apartment price index declined by 1.5% by September 2026.
Israel's Consumer Price Index (CPI) saw a 0.1% decrease in October 2026 compared to September 2026, according to data released by the Central Bureau of Statistics. Over the past twelve months, from October 2025 to October 2026, the CPI rose by 1.1%.
Significant price drops were observed in fresh fruits, which fell by 2.8%, transportation by 1.4%, and owner-occupied housing services by 0.5%. Conversely, notable price increases occurred in clothing and footwear (up 4.1%), fresh vegetables (up 3.5%), apartment maintenance (up 0.4%), and furniture and household equipment (up 0.3%).
Rent prices showed a 2.8% increase for tenants renewing their contracts and a 5.5% increase for new tenants. These figures are approximations of the annual rent change for these groups, as most rents remain fixed under contracts for the year.
The input price index for residential construction rose by 0.4% in October 2026, reaching 104.4 points. Year-to-date, this index has increased by 3.2%, and over the last twelve months, it has risen by 3.9%, primarily due to a 5.2% increase in labor costs.
Producer prices for industrial output destined for domestic markets increased by 1.9% in October 2026 compared to the previous month. Over the last year, this index has climbed 5.1%. Refined petroleum product prices surged by 16.5%, while basic metal prices rose by 1.5%. Conversely, clothing and textile prices decreased.
In the housing market, the apartment price index decreased by 0.2% in August-September 2026 compared to July-August 2026. Annually, the apartment price index fell by 1.5% in August-September 2026 compared to the same period in 2025. The average nationwide apartment price in the third quarter of 2026 was approximately 2,286,700 shekels, a 1.5% decrease from the previous year.