Cost of food in Israel increased 0.80 percent in July of 2020 over the same month in the previous year.
Food Inflation in Israel averaged 26.43 percent from 1984 until 2020, reaching an all time high of 496.60 percent in November of 1984 and a record low of -3.60 percent in December of 2014. This page provides the latest reported value for - Israel Food Inflation - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Israel Food Inflation - values, historical data and charts - was last updated on August of 2020.
Food Inflation in Israel is expected to be 0.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Food Inflation in Israel to stand at 0.50 in 12 months time. In the long-term, the Israel Food Inflation is projected to trend around 1.50 percent in 2021, according to our econometric models.