RAMALLAH, Sunday, January 19, 2019 (WAFA) – The overall Wholesale Price Index (WPI) in Palestine (base year 2007 = 100) reached 125.61 in 2019, which indicates an increase by 0.11% compared with 2018, said the Palestinian Central Bureau of Statistics (PCBS) in a press release today.

PCBS said the prices of WPI for 2019 increased due to the increase in the prices of Fishing goods by 8.89%, Mining and quarrying group  by 2.62%, and Agricultural goods by 0.68%, while the prices of goods in the Manufacturing group decreased by 0.20%.

The prices of local products increased by 1.41%, while the prices of imported products decreased by 0.86% compared with the previous year.

Decrease in the Wholesale Price Index (WPI) During the Fourth Quarter of 2019

The overall WPI in Palestine (base year 2007 = 100) reached 123.92 in the Fourth quarter 2019, which indicates a decrease of 1.86% compared with the Third quarter 2019.

WPI for local products (2007 = 100) reached 127.58 in the Fourth quarter 2019, which indicates a decrease of 1.91% compared with the Third quarter 2019.

WPI for imported products (2007 = 100) reached 121.14 in the Fourth quarter 2019, which indicates a decrease of 0.91% compared with the Third quarter 2019.

M.N