Israel’s Inflation Edges Up to 2.0% YoY in February, Near Midpoint of Target Range

Israel’s consumer price inflation inched higher in February 2026, with the Consumer Price Index (CPI) rising 2.0% year-over-year, according to data updated on 15 March 2026. This marks a slight acceleration from January 2026, when annual inflation stood at 1.8%.

Both figures reflect year-over-year comparisons, measuring price changes in each month against the same month a year earlier. The move from 1.8% to 2.0% suggests a modest firming of price pressures in Israel as of early 2026, potentially keeping inflation close to the mid-range of levels often associated with price stability by major central banks.

Market participants and policymakers will be watching subsequent releases to determine whether February’s uptick signals a sustained upward trend in inflation or simply short-term volatility in consumer prices.