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Wholesale Price Index up in First Quarter 2011

RAMALLAH, April 21, 2011 (WAFA) - The overall wholesale price index (WPI) in the Palestinian Territory with its base year 2007=100 reached 119.34 in the first quarter 2011, which indicates an increase by 2.50% compared with the fourth quarter 2010, Thursday said the Palestinian Central Bureau of Statistics (PCBS).

WPI for imported products reached 117.98 in the first quarter 2011, which indicates an increase by 1.98% compared with the fourth quarter 2010.

WPI for local products reached 122.04 in the first quarter 2011, which indicates an increase by 2.83% compared with the fourth quarter 2010.

The increase of the WPI in the first quarter 2011, said the PCBS, is traced to the changes in the prices agricultural goods, which increased by 3.94%, mining and quarrying by 3.73% and manufacturing by 1.88%. However, prices of fishing products dropped by 1.52%

M.A.

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