 Palestinian Central Bureau of Statistics (PCBS)
Increase in the Producer Price Index (PPI) during February, 02/2022
The overall Producer Price Index (PPI) for Palestine with its base year (2019 = 100) reached 105.44 in February 2022, as it increased by 2.80% compared to January 2022.
PPI for local exported products
Producer Price Index for local exported products (2019 = 100) reached 111.12 in February 2022, which indicates an increase of 3.08% compared to January 2022.
PPI for locally consumed products
Producer Price Index for locally consumed products (2019 = 100) reached 104.83 in February 2022, which indicates an increase of 2.77% compared to January 2022.
The changes of PPI for February 2022 were traced back to changes in prices of the following major activities compared to the previous month:
| ÂÂÂÂÂÂÂMajor Activities | % Change |
|
Water supply; sewerage, waste management and remediation activities |
+ 10.05% |
| Agriculture, forestry and fishing | + 6.97% |
| Electricity, gas, steam and air conditioning supply | + 2.76% |
| Manufacturing | + 0.69% |
| Mining and quarrying | + 0.01% |
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Please note that the press release in English is brief compared to the Arabic version.
1 The producer’s price is the amount receivable by the producer from the purchaser for a unit of a good or service produced as output minus any VAT, or similar deductible tax, invoiced to the purchaser. The producer’s prices exclude any transport charges invoiced separately by the producer.
Note:
Due to COVID-19 pandemic and inability to conduct face-to-face interview, data for PPI has been collected using mobile phones.
