Israel | Consumer price index (2010 = 100)
Consumer price index reflects changes in the cost to the average consumer of acquiring a basket of goods and services that may be fixed or changed at specified intervals, such as yearly. The Laspeyres formula is generally used. Data are period averages. Development relevance: A general and continuing increase in an economy’s price level is called inflation. The increase in the average prices of goods and services in the economy should be distinguished from a change in the relative prices of individual goods and services. Generally accompanying an overall increase in the price level is a change in the structure of relative prices, but it is only the average increase, not the relative price changes, that constitutes inflation. A commonly used measure of inflation is the consumer price index, which measures the prices of a representative basket of goods and services purchased by a typical household. The consumer price index is usually calculated on the basis of periodic surveys of consumer prices. Other price indices are derived implicitly from indexes of current and constant price series. Limitations and exceptions: Consumer price indexes should be interpreted with caution. The definition of a household, the basket of goods, and the geographic (urban or rural) and income group coverage of consumer price surveys can vary widely by country. In addition, weights are derived from household expenditure surveys, which, for budgetary reasons, tend to be conducted infrequently in developing countries, impairing comparability over time. Although useful for measuring consumer price inflation within a country, consumer price indexes are of less value in comparing countries. Statistical concept and methodology: Consumer price indexes are constructed explicitly, using surveys of the cost of a defined basket of consumer goods and services.
Publisher
The World Bank
Origin
State of Israel
Records
63
Source
Israel | Consumer price index (2010 = 100)
0.00088687 1960
0.00094708 1961
0.00103619 1962
0.00110438 1963
0.00116151 1964
0.00125104 1965
0.00135025 1966
0.00137329 1967
0.00140184 1968
0.0014363 1969
0.00152407 1970
0.00170654 1971
0.00192637 1972
0.00231226 1973
0.00322977 1974
0.00449928 1975
0.00590805 1976
0.00795322 1977
0.01197365 1978
0.02135022 1979
0.04932434 1980
0.10693518 1981
0.23564701 1982
0.57957746 1983
2.74265125 1984
11.24299687 1985
16.62710094 1986
19.79868958 1987
23.04624442 1988
27.73715697 1989
32.5040357 1990
38.72376792 1991
43.37669737 1992
48.11508879 1993
54.02146045 1994
59.38657298 1995
66.16655588 1996
72.10141487 1997
76.06115279 1998
80.00189915 1999
80.82803153 2000
81.75861742 2001
86.47801728 2002
87.08574684 2003
86.75339474 2004
87.89288766 2005
89.70658057 2006
90.11489887 2007
94.2170734 2008
97.37916627 2009
100 2010
103.4849492 2011
105.22267591 2012
106.87494065 2013
107.38771247 2014
106.74199981 2015
106.1532618 2016
106.42863926 2017
107.27376318 2018
108.18535752 2019
107.52065331 2020
109.14443073 2021
113.93979679 2022
Israel | Consumer price index (2010 = 100)
Consumer price index reflects changes in the cost to the average consumer of acquiring a basket of goods and services that may be fixed or changed at specified intervals, such as yearly. The Laspeyres formula is generally used. Data are period averages. Development relevance: A general and continuing increase in an economy’s price level is called inflation. The increase in the average prices of goods and services in the economy should be distinguished from a change in the relative prices of individual goods and services. Generally accompanying an overall increase in the price level is a change in the structure of relative prices, but it is only the average increase, not the relative price changes, that constitutes inflation. A commonly used measure of inflation is the consumer price index, which measures the prices of a representative basket of goods and services purchased by a typical household. The consumer price index is usually calculated on the basis of periodic surveys of consumer prices. Other price indices are derived implicitly from indexes of current and constant price series. Limitations and exceptions: Consumer price indexes should be interpreted with caution. The definition of a household, the basket of goods, and the geographic (urban or rural) and income group coverage of consumer price surveys can vary widely by country. In addition, weights are derived from household expenditure surveys, which, for budgetary reasons, tend to be conducted infrequently in developing countries, impairing comparability over time. Although useful for measuring consumer price inflation within a country, consumer price indexes are of less value in comparing countries. Statistical concept and methodology: Consumer price indexes are constructed explicitly, using surveys of the cost of a defined basket of consumer goods and services.
Publisher
The World Bank
Origin
State of Israel
Records
63
Source