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Producer Price Index in Palestine down by almost 2% in May - PCBS

Producer Price Index in Palestine down by almost 2% in May - PCBS

RAMALLAH, Monday, June 26, 2023 (WAFA) - The overall Producer Price Index (PPI) for Palestine decreased by 1.91% in May compared to April, today said the Palestinian Central Bureau of Statistics (PCBS).

PPI for locally consumed products decreased by 2.03% and for locally exported products by 0.74% in May compared to April, it said.

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

­­­­­­­Major Activities

% Change

Electricity, gas, steam and air conditioning supply

- 5.85%

Agriculture, forestry and fishing

- 4.15%

Mining and quarrying

- 2.03%

Manufacturing

- 0.27%

Water supply; sewerage, waste management and remediation activities

- 0.05%

M.K.

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