12.11.202608:21:47UTC+00Palestine Consumer Prices Fall at Slower Pace

Consumer prices in Palestine fell 1.45% year-on-year in October 2026, following a sharper 25.18% decline in September and marking the seventh consecutive month of annual deflation. The pace of price declines slowed notably in the Gaza Strip (-6.40% vs. -46.43% in September), while inflation eased in Jerusalem J1 (2.54% vs. 2.83%) and the West Bank (2.48% vs. 3.34%).

On a monthly basis, the consumer price index (CPI) decreased 1.36% in October, after a 4.69% rise in September. This reflected slower price growth in the Gaza Strip (4.11% vs. 11.36%) and Jerusalem J1 (0.07% vs. 0.44%), alongside a return to falling prices in the West Bank (-0.67% vs. a 0.53% increase previously).

At the item level, monthly price increases moderated for imported cigarettes (5.08% vs. 28.95% in September) and fresh vegetables (7.44% vs. 8.57%), while costs rose sharply for dried vegetables (28.72%), potatoes and other tubers (25.32%), and flour of cereals or white flour (14.21%).