Middle East Business

The Consumer Price Index During June

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Palestinian Central Bureau of Statistics (PCBS)

Decrease in the Consumer Price Index during June, 06/2017

The overall CPI for Palestine during June 2017 decreased by 0.96% compared with May 2017 (by 1.61% in Gaza Strip, by 0.90% in the West Bank**, and by 0.29% in Jerusalem J1*).

The changes in Palestinian CPI for June 2017 is traced back to changes in prices of the following expenditure sub groups compared with previous month:  
Sub Groups Percent Change
Fresh Vegetables - 13.06%
Fresh Fruit - 12.50%
Eggs - 5.71%
Potatoes and other Tubers - 4.65%
Dried Vegetables - 3.32%
Fresh fish - 1.70%
Gas - 1.56%
Rice - 1.38%
  The Palestinian CPI during June 2017 decreased by 0.68% compared with June 2016 (by 1.66% in Gaza Strip, by 0.41% in the West Bank**, while it increased by 1.38% in Jerusalem J1*). The Palestinian CPI during the first half of 2017 increased by 0.45% compared with the same period of the previous year (by 3.00% in Jerusalem J1*, by 0.73% in the West Bank**, while it decreased by 0.11% in Gaza Strip). The table below shows monthly percent change in CPI by region for the period January – June 2017:
Month Monthly Percent Change
Palestine West Bank* Gaza Strip Jerusal-em J1*
Jan. + 0.14 + 0.03 + 0.38 + 1.02
Feb. + 0.62 + 0.78 + 0.40 + 0.35
Mar. + 1.08 + 0.22 + 2.33 - 0.70
Apr. - 0.50 - 1.01 + 0.13 + 0.61
May. - 0.84 - 0.50 - 1.62 - 0.17
Jun. - 0.96 - 0.90 - 1.61 - 0.29
The trend line of Consumer Price Index in Palestine for June 2016 – June 2017 (Base Year 2010=100)

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