Decline in the Consumer Price Index in Palestine during May 2026
Local Economy

Decline in the Consumer Price Index in Palestine during May 2026

SadaNews - Decline in the Consumer Price Index in Palestine during May 2026

The Consumer Price Index (CPI) in Palestine recorded a decline of 0.40%, resulting from a decrease in the index in the West Bank** by 0.97%, and by 0.32% in Jerusalem J1*, accompanied by a rise of 0.30% in the Gaza Strip during May 2026 compared to April 2026.

The consumer price index recorded a decline of 0.40% in Palestine during May 2026 compared to April 2026, due to a decrease in the prices of dried vegetables by 15.80%, fresh vegetables by 11.91%, white flour by 10.29%, fresh fruits by 8.32%, sugar substitutes and other sugars by 6.96%, potatoes by 5.94%, liquid fuel used for vehicles "diesel" by 3.58%, vegetable oils by 3.57%, and rice by 1.81%. The main reason was the decrease in prices of these items in the Gaza Strip.

When comparing prices in May 2026 to May 2025, data indicate a decrease in the CPI in Palestine by 36.96% (with a decrease of 59.96% in the Gaza Strip, while an increase of 3.21% was recorded in Jerusalem J1* and 2.69% in the West Bank**).

Consumer Price Index levels across Palestinian areas:

Decline in the cost of living index in the West Bank**:

The consumer price index in the West Bank** recorded a decline of 0.97% during May 2026 compared to April 2026, attributed to a decrease in the prices of fresh vegetables by 18.71%, eggs by 11.30%, gas by 9.80%, dried vegetables by 7.60%, fresh chicken by 2.03%, liquid fuel used for vehicles "diesel" by 3.57%, vegetable oils by 1.06%, and potatoes by 1.02%.

The following goods recorded a decline in prices in the West Bank** averaging: large cluster tomatoes and zucchini 5 shekels/kg each, okra 23 shekels/kg, hot pepper 7 shekels/kg, greenhouse cucumbers 4 shekels/kg, eggs - 2kg carton and chicken - 1kg 18 shekels each, gas cylinder 91 shekels/12kg cylinder, and dry onions and potatoes 3 shekels/kg each, dry garlic 14 shekels/kg, diesel 8.10 shekels/liter, and olive oil 42 shekels/kg.

Decline in the cost of living index in Jerusalem J1*:
The consumer price index in Jerusalem J1* recorded a decline of 0.32% during May 2026 compared to April 2026, due to a decrease in the prices of dried vegetables by 17.81%, fresh vegetables by 11.03%, fresh fruits by 5.33%, eggs by 5.11%, potatoes by 4.46%, fresh chicken by 2.58%, and rice by 2.30%.

The following goods recorded a decline in prices in Jerusalem J1* averaging: dry onions 4 shekels/kg, dry garlic 24 shekels/kg, large cluster tomatoes 8 shekels/kg, zucchini 11 shekels/kg, cauliflower 7 shekels/kg, greenhouse cucumbers 4 shekels/kg, bananas 7 shekels/kg, eggs 33 shekels/2kg carton, potatoes 5 shekels/kg, chicken 23 shekels/kg, and long grain rice 43 shekels/5kg.

Increase in the cost of living index in the Gaza Strip:
The consumer price index in the Gaza Strip recorded an increase of 0.30% during May 2026 compared to April 2026.

The following goods recorded an increase in prices in the Gaza Strip averaging: bread 3.17 shekels/kg, eggs 51 shekels/2kg carton, gas cylinder 730 shekels/12kg cylinder, and tea 12 shekels/pack of 100 bags.