Palestine

Decrease in the Producer Price Index (PPI) during 2019

Palestinian Central Bureau of Statistics (PCBS)

Decrease in the Producer Price Index (PPI) during June,06/2019

The overall Producer Price Index (PPI) for Palestine with its base year (2018 = 100) reached 98.54 in June 2019, as it decreased by 0.95% compared to May 2019.

PPI for local exported products

Producer Price Index for local exported products (2018 = 100) reached 98.34 in June 2019, which indicates a decrease of 1.46% compared to May 2019.

PPI for locally consumed products

Producer Price Index for locally consumed products (2018 = 100) reached 98.57 in June 2019, which indicates a decrease of 0.89% compared to May 2019.

The changes of PPI for June 2019 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    – 2.96%
Water supply; sewerage, waste management and remediation activities    – 1.02%
Manufacturing    – 0.07%
Mining and quarrying      0.00%
Electricity, gas, steam and air conditioning supply    + 0.41%

 The table shows monthly percent changes in Palestinian PPI for the months:

January – June 2019:

 

Month Local Products Exported Products All Products
January  – 0.01  – 0.17  – 0.03
February + 1.09 + 0.77 + 1.06
March  – 0.96  – 0.13  – 0.87
April + 0.43  – 0.01 + 0.39
May  – 1.12  – 1.34 – 1.14
June  – 0.89  – 1.46 – 0.95

 The trend line of the PPI in Palestine, for the months: June 2018 – June 2019

(Base Year 2018 = 100).

 

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