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PCBS: Consumer Price Index Increases in November

RAMALLAH, December 14, 2011 (WAFA) – The overall Palestinian Consumer Price Index (CPI) in the Palestinian Territory increased by 0.51% in November 2011 compared to the previous month, Wednesday said a report published by the Palestinian Central Bureau of Statistics (PCBS).

PCI for the Palestinian Territory reached 134.42 in November 2011, registering an increase of 2.22% compared to November 2010, said the report. 

The change in CPI in November can be traced back to changes in prices of some major expenditure groups compared to the previous month, which included an increase of 1.16% in food and soft drinks, 0.39% in miscellaneous goods and services, 0.32% in medical care, and 0.25% in housing.

However, the report indicated that the prices of transportation decreased by 0.51% in the same period.

PCBS registered the change in CPI at different geographical levels, indicating that CPI increased by 0.69% in the West bank, 0.36% in the Gaza Strip and 0.23% in East Jerusalem.

R.Q./F.J.

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