Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: All Items Non-Food Non-Energy for Israel

CPGRLE01ILM659N • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

3.49

Year-over-Year Change

68.42%

Date Range

1/1/1971 - 3/1/2025

Summary

The Consumer Price Index (CPI) for All Items Non-Food Non-Energy measures changes in the prices of goods and services, excluding food and energy, in Israel. This metric is a key indicator of underlying inflationary pressures in the Israeli economy.

Analysis & Context

This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.

Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.

About This Dataset

The CPI for All Items Non-Food Non-Energy in Israel is a component of the broader Consumer Price Index that excludes volatile food and energy prices. It provides a more stable measure of core inflation, which is closely monitored by the Bank of Israel and other policymakers.

Methodology

The data is collected through a nationwide survey of consumer expenditures and prices.

Historical Context

This index is used to inform monetary policy decisions and macroeconomic analysis.

Key Facts

  • The base year for this index is 2015.
  • The index excludes food and energy prices, which can be volatile.
  • It is a key input for the Bank of Israel's monetary policy decisions.

FAQs

Q: What does this economic trend measure?

A: This economic trend measures changes in the prices of goods and services, excluding food and energy, in Israel. It provides a measure of core inflation in the Israeli economy.

Q: Why is this trend relevant for users or analysts?

A: This trend is relevant because it gives a more stable and accurate picture of underlying inflationary pressures in Israel, which is crucial for policymakers and analysts monitoring the economy.

Q: How is this data collected or calculated?

A: The data is collected through a nationwide survey of consumer expenditures and prices.

Q: How is this trend used in economic policy?

A: This trend is used by the Bank of Israel and other policymakers to inform monetary policy decisions and macroeconomic analysis.

Q: Are there update delays or limitations?

A: There may be occasional delays in the release of this data, and the index may not capture all price changes in the Israeli economy.

Related Trends

Citation

U.S. Federal Reserve, Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: All Items Non-Food Non-Energy for Israel (CPGRLE01ILM659N), retrieved from FRED.