FX.co ★ Israel’s Deflation Eases as October CPI Marks Smaller Decline

Israel’s consumer price index (CPI) showed a slower pace of decline in October 2026, signaling a possible moderation in deflationary pressures. Month-over-month, the CPI fell by 0.1% in October, following a sharper 0.5% drop in September 2026, according to data updated on 15 November 2026.

On a month-over-month basis, the “actual” October reading compares price changes in October with those in September, while the “previous” figure reflects the change in September relative to August. The shift from a 0.5% fall in September to a 0.1% decrease in October suggests that while consumer prices are still edging lower, the rate of decline has notably slowed heading into late 2026.