Economy

Palestinian Producer Price Index, January, 01/2018

 Palestinian Central Bureau of Statistics (PCBS)

Palestinian Producer Price Index, January, 01/2018

Increase in the Producer Price Index (PPI) during January 2018

The overall Producer Price Index (PPI) for  Palestine with its base month (December 2015=100) reached 100.75 in January 2018, as it increased by 1.73% compared to December 2017.

Producer Price Index for locally consumed products (December 2015=100) reached 100.89 in January 2018, which indicates an increase by 1.92% compared to December 2017.

Producer Price Index for local exported products (December 2015=100) reached 99.32 in January 2018, which indicates a slight increase by 0.09% compared to December 2017.

The changes of Producer Price Index for January 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 + 6.01%
Agriculture, forestry and fishing goods + 4.32%
Water supply; sewerage, waste management and remediation activities + 0.95%
Manufacturing – 0.26%
Mining and quarrying

   0.00%

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The trend line of the PPI in Palestine, for the period: January  2017 – January 2018

(Base Month December 2015=100)

Data collection of Producer Price Index survey was funded by the European Union.

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.

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