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Palestinian Central Bureau of Statistics (PCBS)

Palestinian Central Bureau of Statistics (PCBS)

Increase in the Wholesale Price1 Index during the Second Quarter of 2016

The overall Wholesale Price Index (WPI) in Palestine with its base year (2007=100) reached 125.09 in the Second quarter 2016, which indicates an increase by 1.01% compared with the First quarter 2016.

WPI for local products (2007=100) reached 127.40 in the Second quarter 2016, which indicates an increase by 1.94% compared with the First quarter 2016.

WPI for imported products (2007=100) reached 121.63 in the Second quarter 2016, which indicates an increase by 0.96% compared with the First quarter 2016.

The change of WPI in the Second quarter 2016 is traced back to changes in the prices of the following major activities compared with the previous quarter:

Major Activities %Change
Manufacturing group    +  1.19%
Agriculture goods    +  0.68%
Fishing    +  5.52%
Mining and quarrying    –   2.30%

The trend line for the WPI in Palestine, for the period:

 Second quarter 2014 – Second quarter 2016 (Base year 2007=100)

 1 The resale (sale without transformation) of new and used goods to retailers, industrial, commercial, institutional or professional users, to other wholesalers, or to those acting as agents or brokers in buying merchandise for, or selling merchandise to such persons or companies.  The wholesale price includes VAT and any transport charges.

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