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Palestine – Decrease in the Producer Price Index (PPI) during October,10/2018

Palestinian Central Bureau of Statistics (PCBS)

Decrease in the Producer Price Index (PPI) during October,10/2018

The overall Producer Price Index (PPI) for  Palestine with its base month (December 2015 = 100) reached 103.77 in October 2018, as it decreased by 1.20% compared to  September 2018.

PPI for locally consumed products

Producer Price Index for locally consumed products (December 2015 = 100) reached 104.12 in October 2018, which indicates a decrease of 1.37% compared to  September 2018.

PPI for local exported products

Producer Price Index for local exported products (December 2015 = 100) reached 100.52 in October 2018, which indicates an  increase of 0.22% compared to September 2018.

The changes of PPI for October 2018 were traced back to changes in prices of the following major activities compared to the previous month:

­­­­­­­Major Activities % Change
Electricity, gas, steam and air conditioning supply   – 7.17%
Manufacturing – 0.86%
Mining and quarrying      0.00%
Water supply; sewerage, waste management and remediation activities  + 2.53%
Agriculture, forestry and fishing goods  + 1.40%

The table shows Monthly percent changes in Palestinian PPI for the period  

January – October 2018:

Month Local Products Exported Products Total Products
January + 1.92 + 0.09 + 1.73
February + 2.63 – 0.07 + 2.34
March – 1.59 – 0.12 – 1.44
April + 2.03 + 0.80 + 1.91
May + 0.40 + 0.10 + 0.37
June + 0.80 – 0.26 + 0.69
July + 1.52 + 0.26 + 1.39
August – 1.24 – 0.02 – 1.12
September + 0.08 + 0.30 + 0.10
October – 1.37 + 0.22 – 1.20

 

The trend line of the PPI in Palestine, for the period:

October 2017 – October 2018

(Base Month December 2015 = 100)

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