Home Palestinians 48 14/March/2024 01:58 PM

PCBS says Consumer Price Index (CPI) in Gaza increased sharply by 27% due to Israeli aggression

RAMALLAH, Thursday, March 14, 2024 (WAFA) – The Consumer Price Index (CPI) in Gaza Strip increased sharply by 27% , in February 2024, as a result of the ongoing Israeli aggression for the fifth consecutive month, according to a report by the Palestinian Central Bureau of Statistics (PCBS).

The overall Consumer Price Index CPI for Palestine during February 2024 recorded a sharp increase by 8.20% compared with January 2024 (27.25% in Gaza Strip, by 0.66% in Jerusalem J1, and with a slight increase of 0.02% in the West Bank).

The changes in Palestinian CPI during February 2024 were traced back to changes in prices of the following expenditure sub groups compared with previous month:

Sub Groups

%Change

Other Sugar and Sugar Substitutes

+ 109.92%

Dried Vegetables

+ 70.49%

Eggs

+ 55.67%

Fresh Vegetables

+ 11.64%

Fresh Meat

+ 8.88%

Vegetable Oil

+ 7.94%

Fresh Fruits

+ 7.78%

Liquid Fuel for Car " Petrol" 

+ 6.86%

Liquid Fuel for Car " Diesel" 

+ 3.63%

 The Palestinian CPI during February 2024 increased by 27.18% compared with February 2023 (118.11% in Gaza Strip, 4.89% Jerusalem J1, and by 3.68% in the West Bank).

K.T

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