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Data from FMP. Forecasts by Sigmanomics Forecast Engine.
IsraelIsrael CPI MoM fell to -0.3% in May 2026
FMPMonthlyReleased June 2026
Israel CPI MoM fell to -0.3% in May 2026, released June 2026, down 1.5% from April's 1.2% reading. The print came in cooler than the -0.2% consensus, a softer print than forecasters anticipated. The print is running well below the 12-month average of 0.6%.
Latest Release
-0.3
Actual
-0.2
Consensus
1.2
Previous
Median Absolute Error
±0.1 percentage points
across last 3 releases
Last Call
Jun 2026
Predicted: -0.2
Actual: -0.3
Error: +0.1
Sigmacast Σ-direction model: consensus + ½ × mean(surprise, trailing 90d).
CORRELATED SYMBOLS— markets that historically move with this indicator
| Symbol | Direction | Correlation | Asset Class | Signal Bias | Action |
|---|---|---|---|---|---|
| EUR/USD | ▲ Direct | +0.30 | FOREX | Watch | → View |
| USD/JPY | ▼ Inverse | −0.30 | FOREX | Watch | → View |
| XAU/USD | ▲ Direct | +0.30 | COMMODITIES | Watch | → View |
| S&P 500 | ▲ Direct | +0.30 | INDEX | Watch | → View |
| BTC/USD | ▲ Direct | +0.30 | CRYPTO | Watch | → View |
Correlation based on 12-month rolling window. Click any symbol to view its Sigmanomics forecast page.
THE RELEASE
CPI MoM (Israel) was reported at -0.3% in June 2026. This missed the market consensus of -0.2% by 0.1%. The reading fell from the previous value of 1.2%. Trailing 12-month context per ETL data through June 2026.
THE MODEL'S TAKE
Historically, this indicator is positively correlated with BTC/USD (Watch). A secondary relationship exists with USD/JPY, negatively correlated (Watch).
Auto-generated from current model state · Refreshes on each release · Last update June 2026.
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CPI MoM - IL
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About CPI MoM — Israel
DEFINITION
Israel's CPI MoM for June fell by -0.300000%, missing the -0.200000% estimate and reversing May's 1.200000% increase. This marks a sharp contraction following a strong inflation rise in May, signaling cooling price pressures. Market focus will remain on upcoming data and central bank responses amid this unexpected deflationary shift. Updated 6/15/26
WHY THIS INDICATOR MATTERS
Inflation prints feed directly into central-bank policy expectations and real-yield calculations, and are among the most rate-sensitive releases on the calendar. The release is more useful as part of a longer-run signal than as a single-print catalyst. Released monthly.
WHAT CHANGED THIS MONTH
Latest reading (May 2026): actual -0.3 %, consensus -0.2 %. Prior reading (Apr 2026): 1.2 %. Before that (Mar 2026): 0.4 %.
WHAT'S NEXT
Sigmacast's 1-month forecast points to a materially lower reading versus the latest print, with the 3-month outlook reinforcing that direction. Both horizons are aligned bearish for this indicator, suggesting a consistent trend signal. Trend-driven dynamics are the primary headwind in the current projection.