Middle East Business

Palestinian Producer Price Index, July ,07/2017

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Palestinian Central Bureau of Statistics (PCBS)

Palestinian Producer Price Index, July ,07/2017 Increase in the Producer Price  Index during July 2017 The overall Producer Price Index (PPI) for  Palestine with its base month (December 2015=100) reached 110.79 in July 2017, as it increased by 1.60% compared to June 2017. Producer Price Index for locally consumed products (December 2015=100) reached 111.76 in July 2017, which indicates an increase by 1.90% compared to June 2017. Producer Price Index for local exported products (December 2015=100) reached 100.52 in July 2017, which indicates an increase by 0.23% compared to June 2017. The changes of Producer Price Index for July 2017 were traced back to changes in prices of the following major activities compared to the previous month:  
Major Activities Change
Agriculture, forestry and fishing goods   + 6.37%
Electricity, gas, steam and air conditioning supply   + 0.43%
Water supply; sewerage, waste management and remediation activities   + 0.21%
Mining and quarrying    - 1.04%
Manufacturing    - 0.03%
The table below shows monthly percent change in PPI for the period January – July 2017:
Month Local Products Exported Products Total Products
January - 4.66 + 0.79 - 3.95
February - 0.23 + 0.13 - 0.20
March - 0.64 -  0.87 - 0.79
April + 3.27 -  0.31 + 2.70
May - 0.49 -  0.62 - 0.49
June + 9.41 + 1.14 + 8.80
July + 1.90 + 0.23 + 1.60
The trend line of the Producer Price Index in Palestine, for the period: July 2016 -  July 2017 (Base Month December 2015=100)

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