Israel’s annual inflation rate, measured by the Consumer Price Index (CPI), remained unchanged at 1.5% in August 2026, matching the pace recorded in July 2026. The data, updated on 15 September 2026, show that price growth in August, compared with the same month a year earlier, continued at the same year-over-year rate as the previous month.
The comparison is based on a year-over-year framework: the current reading reflects the change in CPI in August 2026 versus August 2025, while the previous figure captured the change in July 2026 versus July 2025. The steady 1.5% reading suggests that, at least over the summer period, Israel’s inflation dynamics have been relatively stable without signs of renewed acceleration or further deceleration on an annual basis.