Loading page content
Data from FMP. Forecasts by Sigmanomics Forecast Engine.
IsraelIsrael CPI MoM climbed to 0.3% in July 2026
FMPMonthlyReleased August 2026
Israel CPI MoM climbed to 0.3% in July 2026, released August 2026, up 0.3% from June's 0.0% reading. The print came in cooler than the 0.4% consensus, a softer print than forecasters anticipated. The print is running well below the 12-month average of 0.37%.
Latest Release
0.3
Actual
0.4
Consensus
0
Previous
Median Absolute Error
±0.1 percentage points
across last 4 releases
Last Call
Aug 2026
Predicted: 0.35
Actual: 0.3
Error: +0.05
Sigmacast Σ-direction model: consensus + ½ × mean(surprise, trailing 90d).
CORRELATED SYMBOLS— markets that historically move with this indicator
| Symbol | Direction | Correlation | Asset Class | Co-movement | Action |
|---|---|---|---|---|---|
| EUR/USD | ▲ Direct | +0.30 | FOREX | Moves with | → View |
| USD/JPY | ▼ Inverse | −0.30 | FOREX | Moves against | → View |
| XAU/USD | ▲ Direct | +0.30 | COMMODITIES | Moves with | → View |
| S&P 500 | ▲ Direct | +0.30 | INDEX | Moves with | → View |
| BTC/USD | ▲ Direct | +0.30 | CRYPTO | Moves with | → 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 August 2026. This missed the market consensus of 0.4% by 0.1%. The reading rose from the previous value of 0%. Trailing 12-month context per ETL data through August 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).
WHAT TO WATCH NEXT
The next release is scheduled for September 15, 2026.
Auto-generated from current model state · Refreshes on each release · Last update August 2026.
SHARE
CPI MoM - IL
Loading chart data...
About CPI MoM — Israel
DEFINITION
Israel's CPI MoM rose 0.300000% in July, missing the 0.400000% estimate but rebounding from June's 0.000000%. The inflation rate shifted from flat in June to moderate growth in July, indicating renewed upward pressure on prices. Market focus remains on upcoming central bank decisions amid this inflation uptick. Updated 8/14/26
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 (Jul 2026): actual 0.3 %, consensus 0.4 %. Prior reading (May 2026): -0.3 %. Before that (Apr 2026): 1.2 %.
WHAT'S NEXT
Sigmacast's 1-month forecast points to a 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.
Σ
EXPECTED ZONE
SIGMANOMICS MARKET FORECAST ENGINE
Multi-horizon symbol forecasts, Rolling-Surprise economic predictions, and programmatic API access.
Expected Zones · Trade Bias · Confidence Intervals · API Access · 1,456+ instruments
FOREXCRYPTOSTOCKSCOMMODITIESINDICESAPI
BLSBEAFMPWORLD BANKFRED
1,456+ instruments247 indicators530+ correlationsREST + GQL API
4,151 economic indicators127 countries covered6 data sources
FREDBLSEIAECBBOJFMP
Economic Calendar - IL Events
| Monday, September 14, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
|---|---|---|---|---|---|---|---|
| 10:00 | IL | Imports | 11138.4 | 9694.6 | 8200 | 9669.20 | Low |
| 10:00 | IL | Balance of Trade | -5794.4 | -4227.3 | -2700 | -4247.20 | Low |
| 10:00 | IL | Exports | 5344 | 5467.3 | 5500 | 5422.00 | Low |
| Tuesday, September 15, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
| 10:00 | IL | Unemployment Rate | 3.1 | 3 | 2.95 | Low | |
| 15:30 | IL | Inflation Rate MoM | 0.3 | 0.5 | 0.45 | Low | |
| 15:30 | IL | Inflation Rate YoY | 1.5 | 1.5 | 1.45 | Low | |
| Wednesday, September 16, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
| 10:00 | IL | GDP Growth Annualized | 15.4 | -2.2 | 15.4 | 15.28 | Low |
| 10:00 | IL | Current Account | -0.107 | -0.3 | 0.15 | Low | |