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:
|Major Activities||% Change|
Water supply; sewerage, waste management and remediation activities
|Agriculture, forestry and fishing||+ 6.97%|
|Electricity, gas, steam and air conditioning supply||+ 2.76%|
|Mining and quarrying||+ 0.01%|
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.
Due to COVID-19 pandemic and inability to conduct face-to-face interview, data for PPI has been collected using mobile phones.