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PCBS: Decrease in the Producer Price Index during January 2021

RAMALLAH, Sunday, February 28, 2021 (WAFA) – The overall Producer Price Index (PPI) for Palestine reached 93.45 in January 2021 (base year = 2019), as it decreased by 1.51 percent compared to December 2020, today said the Palestinian Central Bureau of Statistics (PCBS).

Producer Price Index for locally consumed products reached 92.89 in January 2021, which indicates a decrease of 1.67 percent compared to December 2020.

Producer Price Index for local exported products reached 98.76 in January 2021, marking a slight decrease of 0.08 percent compared to December 2020.

The changes of PPI for January 2021 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

 - 6.74%

Mining and quarrying

        0.00%

Water supply; sewerage, waste management and remediation activities

    + 4.80%

Electricity, gas, steam and air conditioning supply

     + 2.10%

Manufacturing

    + 0.22%

       

 

 

 

 

 

 

 

 

M.N

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