The inflation rate in Palestine was recorded at -1.52 percent in September of 2020.

Inflation Rate in Palestine averaged 3.01 percent from 1998 until 2020, reaching an all time high of 15.08 percent in July of 2008 and a record low of -2.42 percent in August of 2020. This page provides the latest reported value for - Palestine Inflation Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Palestine Inflation Rate - data, historical chart, forecasts and calendar of releases - was last updated on October of 2020.

Inflation Rate in Palestine is expected to be 1.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Inflation Rate in Palestine to stand at 2.90 in 12 months time. In the long-term, the Palestine Inflation Rate is projected to trend around 3.50 percent in 2021, according to our econometric models.

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Palestine Inflation Rate

Actual Previous Highest Lowest Dates Unit Frequency
-1.52 -2.42 15.08 -2.42 1998 - 2020 percent Monthly

Calendar GMT Actual Previous Consensus TEForecast
2020-07-15 01:10 AM Jun -1.95% -1.96% -2.61%
2020-08-13 08:00 AM Jul -2.14% -1.95% -3.33%
2020-09-14 08:00 AM Aug -2.42% -2.14% -1.80%
2020-10-14 08:00 AM Sep -1.52% -2.42% -1.65%
2020-11-12 08:00 AM Oct -1.52%
2020-12-12 08:00 AM Nov

Palestine Inflation Rate
In Palestine, the most important categories in the consumer price index are food and non-alcoholic beverages (35 percent of the total weight); transport (14 percent) and miscellaneous goods and services (12 percent). The index also includes: housing, water, electricity, gas and other fuels (9 percent); clothing, footwear (5 percent); alcoholic beverages and tobacco (4 percent); health (4 percent); communication (3.5 percent); education (3.4 percent); recreation and culture (2 percent) and restaurants and hotels (2.0 percent). .