FX.co ★ Israel Inflation Rate Holds Steady at 1.9% in April

Israel’s annual inflation rate held at 1.9% in April 2026, unchanged from March and remaining within the Bank of Israel’s 1%–3% target range for the ninth consecutive month. Price increases continued to moderate in several categories, including housing (3.3% vs. 3.8% in March) and health (1.7% vs. 1.9%), while declines deepened for clothing and footwear (-6.7% vs. -7.8%) and furniture and household equipment (-3.2% vs. -3.9%).

By contrast, price pressures strengthened in other CPI components. Notable accelerations were recorded in miscellaneous goods and services (3.8% vs. 3.5%), food including fruits and vegetables (2.8% vs. 2.5%), education, culture and entertainment (1.4% vs. 0.7%), and transport and communications (0.9% vs. 0.7%).

On a monthly basis, the Consumer Price Index (CPI) rose by 1.2% in April, the strongest increase since April 2008, following a 0.4% gain in March.