Middle East Business

Decrease in the Consumer Price Index during November, 11/2017

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Palestinian Central Bureau of Statistics (PCBS) Decrease in the Consumer Price Index during November, 11/2017 The overall CPI for Palestine during November 2017 decreased by 0.38% compared with October 2017 (by 0.96% in Gaza Strip, by 0.17% in the West Bank**, and by 0.16% in Jerusalem J1*). The changes in Palestinian CPI for November 2017 is traced back to changes in prices of the following expenditure sub groups compared with previous month:
Sub Groups Percent Change %
Dried Vegetables - 8.72%
Fresh Poultry - 6.36%
Fresh Vegetables - 5.59%
Fresh Fruit - 2.22%
Rice - 0.61%
Liquid Fuel for Cars - 0.45%
Potatoes and other Tubers + 3.15%
Gas + 2.38%
Fresh Fish + 2.17%
Eggs + 1.50%
Flour + 1.11%
Vegetable Oils + 0.73%
The Palestinian CPI during November 2017 increased by 0.67% compared with November 2016 (by 1.24% in Jerusalem J1*, and by 1.12% in Gaza Strip, while it decreased by 0.21% in the West Bank**). The Palestinian CPI during the first eleven months of 2017 increased by 0.23% compared with the same period of the previous year (by 2.25% in Jerusalem J1*, and slightly increased by 0.09% in Gaza Strip and by 0.08% in the West Bank**). The table below shows monthly percent changes in CPI by region for the period January – November 2017:
Month Monthly Percent Change
Palestine West Bank** Gaza Strip Jerusal-em J1*
January + 0.14 + 0.03 + 0.38 + 1.02
February + 0.62 + 0.78 + 0.40 + 0.35
March + 1.08 + 0.22 + 2.33 - 0.70
April - 0.50 - 1.01 + 0.13 + 0.61
May - 0.84 - 0.50 - 1.62 - 0.17
June - 0.96 - 0.90 - 1.61 - 0.29
July - 0.15 + 0.36 - 0.58 - 0.13
August + 0.56 + 0.57 + 0.31 + 0.47
September + 0.65 + 0.14 + 1.39 + 0.28
October + 0.20 - 0.08 + 0.65 + 0.08
November - 0.38 - 0.17 - 0.96 - 0.16
The trend line of Consumer Price Index in Palestine for  November 2016 – November 2017 (Base Year 2010=100)

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