RAMALLAH, Wednesday, December 13, 023 (WAFA) – For more than a decade, the Consumer Price Index (CPI) has been recording a sharp increase in Gaza Strip by 18.35% during November 2023 due to the continuation of the Israeli aggression on Gaza Strip for the second consecutive month, according to a press by Palestinian Central Bureau of Statistics (PCBS).
Sharp accumulated increase in the Palestinian Consumer Price Index (CPI) to record an increase of 6.15% since the start of the Israeli aggression on Gaza Strip by 2.57% for the first month of the aggression "October 2023" and by 3.50% during the second month of the aggression "November 2023"
The overall Consumer Price Index CPI for Palestine during November 2023 recorded a sharp increase by 3.50% compared with October 2023 (18.35% in Gaza Strip, and with a slight increase by 0.02% in Jerusalem J1*. While, the CPI decreased by 0.90% in the West Bank).
The changes in Palestinian CPI during November 2023 were traced back to changes in prices of the following expenditure sub groups compared with previous month:
|
Sub Groups |
Percent Change |
|
Potatoes |
+ 26.29% |
|
Eggs |
+ 26.20% |
|
Flour of Cereals |
+ 8.41% |
|
Vegetable Oil |
+ 7.31% |
|
Fresh Chicken |
+ 2.48% |
|
Meat |
+ 1.95% |
|
Fresh Vegetables |
- 9.54% |
|
Fresh Fruits |
- 8.02% |
|
Dried Vegetables |
- 6.51% |
The Palestinian CPI during November 2023 increased by 11.36% compared with November 2022 (36.39% in Gaza Strip, 4.89% Jerusalem J1, and by 4.78% in the West Bank.)
K.T.
