Home Archive 12/December/2019 11:53 AM

Consumer price index down by 0.31% in November, says statistics bureau

 

RAMALLAH, Thursday, 12 December 2019 (WAFA) - The overall Consumer Price Index (CPI) for Palestine during November 2019 decreased by 0.31% compared with October 2019, said the Palestinian Central Bureau of Statistics (PCBS).

CPI decreased by 0.37% in the Gaza Strip and by 0.32% in the West Bank, while it slightly increased by 0.17% in Jerusalem.

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

 

Sub Groups

Percent Change

Fresh Vegetables

- 7.32%

Potatoes and other Tubers

- 6.85%

Vegetable Oil

- 2.81%

Fresh Chicken

- 2.46%

Gas

- 2.37%

Fish, Live, Fresh, Chilled, or Frozen

- 1.38%

Eggs

+ 6.95%

Dried Vegetables

+ 4.39%

Fresh Fruit

+ 3.76%

 

PCBS added that the Palestinian CPI during November 2019 increased by 1.64% compared with November 2018 (by 2.05% in the West Bank, and by 1.34% in Jerusalem, while it decreased by 0.33% in Gaza Strip).

The table shows monthly percent changes in CPI by Palestinian regions for the months:  January – November 2019:

Month

Monthly Percent Change

Palestine

West Bank

Gaza Strip

Jerusal-em J1*

January 2019

+ 0.01

+ 0.01

+ 0.15

- 0.19

February 2019

- 0.05

+ 0.17

- 0.57

- 0.49

March 2019

+ 0.85

+ 0.88

+ 0.89

+ 0.57

April 2019

+ 0.85

+ 1.09

+ 0.07

+ 0.76

May 2019

+ 0.43

- 0.14

+ 1.12

+ 1.89

June 2019

- 0.48

- 0.34

- 1.26

- 0.01

July 2019

+ 0.18

+ 0.32

- 0.38

+ 0.16

August 2019

+ 0.31

+ 0.32

+ 0.28

+ 0.15

September 2019

+ 0.33

+ 0.26

+ 0.69

- 0.09

October 2019

- 0.31

- 0.21

- 1.05

+ 0.09

November 2019

- 0.31

- 0.32

- 0.37

- 0.17

 

It should be noted that the PCBS has updated the base year of CPI to 2018, and it relies on the new version of the Classification of Individual Consumption according to Purpose COICOP – 2018 issued by the United Nation Statistic Division (UNSD), to classify major groups, commodities‘ and services consumed.

It should also be noted that in the case of Jerusalem (J1), data represent those parts of Jerusalem which were annexed by Israeli Occupation in 1967, and in the case of the West Bank data exclude those parts of Jerusalem which were annexed by Israeli Occupation in 1967.

K.T./ K.F. 

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