FX.co ★ Israel’s Consumer Prices Edge Higher in July, Breaking Month-Long Stall

Israel’s consumer price index (CPI) rose 0.3% month-over-month in July 2026, ending a flat reading in June, according to data updated on 14 August 2026. The move marks a shift from the previous month, when inflation momentum temporarily stalled at 0.0%.

On a month-over-month basis, July’s increase reflects a modest reacceleration in price pressures compared with June 2026, when prices showed no change versus May. The comparison highlights a return of incremental price growth in the Israeli economy as the CPI resumes its upward path after a brief pause.

The figures are based on a month-over-month comparison, where the current reading captures the change in prices from June to July, and the previous indicator reflected the change from May to June. While still contained, the 0.3% gain suggests underlying demand and cost factors are again putting mild upward pressure on consumer prices in Israel.