Palestine

Sharp drop in fresh poultry prices drives the CPI to decline during November 2018

Palestinian Central Bureau of Statistics (PCBS)

Sharp drop in fresh poultry prices drives the CPI to decline during November 2018 despite the increase in the prices of fresh and dried vegetables

The overall CPI for Palestine during November 2018 decreased by 0.36% compared with October 2018 (by 0.43% in Gaza Strip, by 0.42% in the West Bank**, and with a slight decrease by 0.06%  in Jerusalem J1*).

The changes in Palestinian CPI for November 2018 is traced back to changes in prices of the following expenditure sub groups compared with previous month:

 

Sub Groups Percent Change
Fresh Poultry – 6.11%
Fresh Meat – 4.03%
Fresh Fruit – 3.10%
Fresh Vegetables + 8.07%
Eggs + 7.16%
Dried Vegetables + 5.21%
Potatoes and other Tubers + 1.46%
Rice + 1.22%

 

The Palestinian CPI during November 2018 slightly increased by 0.09% compared with November 2017 (by 1.71% in Jerusalem J1*, and by 0.83% in the West Bank**, while it decreased by 1.08% in Gaza Strip).

The Palestinian CPI during the first eleven months of 2018 decreased by 0.24% compared with the same period of the previous year (by 1.38% in Gaza Strip, while it increased by 0.98% in Jerusalem J1*, and by 0.33% in the West Bank**).

The table shows monthly percent changes in CPI by Palestinian regions for the period  January – November 2018:

Month Monthly Percent Change
Palestine West Bank** Gaza Strip Jerusal-em J1*
January 2018 – 0.13 + 0.16 + 0.37 -0.27
February 2018 – 0.05 + 0.06 – 0.27 – 0.22
March 2018 – 0.12 – 0.09 – 0.51 – 0.09
April 2018 + 0.32 + 0.57 – 0.31 + 0.70
May 2018 – 0.41 + 0.22 – 0.94 + 0.31
June 2018 + 0.93 + 0.98 + 0.52 + 0.54
July 2018 + 0.04 + 0.02 + 0.45 + 0.16
August 2018 – 0.02 – 0.32 – 0.67 + 0.21
September 2018 – 0.07 – 0.09 + 0.78 + 0.10
October 2018 + 0.37 + 0.17 + 0.39 +0.25
November 2018 – 0.36 – 0.42 – 0.43 – 0.06

The trend line of Consumer Price Index in Palestine for the period: 

November 2017 – November 2018 (Base Year 2010 = 100)

Notes:

*Data represent those parts of Jerusalem which were annexed by Israeli Occupation in 1967.

**Data exclude those parts of Jerusalem which were annexed by Israeli Occupation in 1967.

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