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Home Occupation 25/June/2024 09:05 AM

Decrease in the Producer Price Index during May: PCBS

RAMALLAH, Tuesday, June 25, 2024 (WAFA) - The overall Producer Price Index (PPI) for Palestine with its base year (2019 = 100) reached 134.41 in May 2024, as it decreased by 3.30% compared to April 2024, according to a report by Palestinian Central Bureau of Statistics (PCBS).

Producer Price Index for locally consumed products (2019 = 100) reached 137.02 in May 2024, which indicates a sharp decrease of 3.41% compared to April 2024.

Producer Price Index for local exported products (2019 = 100) reached 110.03 in May 2024, which indicates a decrease of 2.08% compared to April 2024.

The changes of PPI for May 2024 were traced back to changes in prices of the following major activities compared to the previous month: 

­­­­­­­Major Activities

    Percent Change %

Agriculture, forestry and fishing

       - 7.86%

 

Water supply; sewerage, waste management and remediation activities

      - 0.43%

Manufacturing

            - 0.09%

Mining and quarrying

         0.00%

Electricity, gas, steam and air conditioning supply

               0.00%

K.T

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