Inflation Drops to Zero in 2000, Lowest Ever

The inflation rate in Israel in 2000 was zero, the lowest level recorded since the Central Bureau of Statistics started measuring inflation with its current mechanism in 1951. The lowest rate of inflation previously was recorded in 1967 when prices rose by 0.2% in the recession year before the Six Day War. The figure is even more impressive when compared to the triple digit inflation of the mid-1980s.

Source: Jerusalem Post, (January 16, 2001)