Home Archive 29/December/2019 11:11 AM

Decrease in Producer Price Index in November, says PCBS

 

RAMALLAH, Sunday, December 29, 2019 (WAFA) – The overall Producer Price Index (PPI) for  Palestine with its base year (2018 = 100) reached 98.87 in November 2019, as it decreased by 0.82% compared to October 2019, according to Palestinian Central Bureau of Statistics (PCBS).

PCBS said Producer Price Index (PPI) for locally consumed products (2018 = 100) reached 98.91 in November 2019, which indicates a decrease of 0.84% compared to October 2019.

PPI for local exported products (2018 = 100) reached 98.29 in November 2019, which indicates a decrease of 0.64% compared to October 2019.

The changes of PPI for November 2019 were traced back to changes in prices of the following major activities compared to the previous month:

­­­­­­­Major Activities

 

% Change

 

Agriculture, forestry and fishing goods

 

- 2.47%

 

Manufacturing

 

- 0.21%

 

Electricity, gas, steam and air conditioning supply

 

+ 0.91%

 

Mining and quarrying

 

+ 0.44%

 

Water supply; sewerage, waste management and remediation activities

 

+ 0.23%

 

 

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

Month

 

Local Products

 

Exported Products

 

All Products

 

January

 

- 0.01

 

- 0.17

 

- 0.03

 

February

 

+ 1.09

 

+ 0.77

 

+ 1.06

 

March

 

- 0.96

 

- 0.13

 

- 0.87

 

April

 

+ 0.43

 

- 0.01

 

+ 0.39

 

May

 

- 1.12

 

- 1.34

 

- 1.14

 

June

 

- 0.89

 

- 1.46

 

- 0.95

 

July

 

- 0.71

 

+ 0.44

 

- 0.59

 

August

 

+ 0.99

 

+ 0.08

 

+ 0.91

 

September

 

+ 0.43

 

+ 0.65

 

+ 0.45

 

October

 

+ 0.49

 

- 0.58

 

+ 0.38

 

November

 

- 0.84

 

- 0.64

 

- 0.82

 

 

M.N

 

 

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