RAMALLAH, January 20, 2025 (WAFA) – A sharp increase in the Wholesale Price Index has been recorded during 2024 and the fourth quarter of 2024, according to a report published by the Palestinian Central Bureau of Statistics (PCBS).
The overall Wholesale Price Index in Palestine during 2024 recorded a sharp increase by 15.93% compared with 2023 (32.83% for local consumed products, and by 9.61% for imported products).
The changes in WPI for 2024 were traced back to changes in prices of the following Division compared with the previous year:
|
Division during 2024 |
Percent Changes |
|
Wholesale trade, except of motor vehicles and motorcycles |
+17.65% |
|
Wholesale and retail trade and repair of motor vehicles and motorcycles |
+1.49% |
Yearly Percent Changes in the Wholesale Price Index in Palestine for :2013 – 2024
The report recorded a sharp increase in the wholesale price index in Palestine by 17% since the beginning of the Israeli aggression on the Gaza Strip.
The overall Wholesale Price Index in Palestine during the Fourth Quarter of 2024 recorded an increase by 5.04% compared with the Third Quarter of 2024 (10.46% for local consumed products, and by 2.61% for imported products).
The changes in WPI for the Fourth Quarter of 2024 were traced back to changes in prices of the following Division and Category compared with previous quarter:
|
Division and Category during Q4 2024 |
Percent Changes |
|
Wholesale trade, except of motor vehicles and motorcycles |
+5.37% |
|
Wholesale of textiles |
+ 48.87% |
|
Wholesale of grains and seeds |
+24.17% |
|
Wholesale of solid, liquid and gaseous fuels and related products |
+15.65% |
|
wholesale of live animals |
+ 15.49% |
|
Wholesale of fruits and vegetables |
+ 8.43% |
|
Wholesale of animal and vegetable oils and fats |
+ 4.14% |
|
Wholesale of computers, computer peripheral equipment
|
-17.28% |
|
Wholesale of dairy products and eggs |
-7.55% |
|
Wholesale and retail trade and repair of motor vehicles and motorcycles |
+1.77% |
|
Wholesale or retail of new vehicles |
+4.24% |
|
Maintenance and repair of motor vehicles |
+ 0.88% |
K.T
