Important News
Home Archive 28/March/2016 11:27 AM

Producer Price Index ‘Down’ in February 2016

RAMALLAH, March 28, 2016 (WAFA) – The overall Producer Price Index (PPI) for  Palestine with its base month (December 2015=100) reached 99.25 in February 2016, as it decreased by 0.61% compared to January 2016, according to the Palestinian Central Bureau of Statistics (PCBS).

Producer Price Index for local exported products (December 2015=100) reached 99.32 in February 2016, which indicates a decrease by 0.68% compared to January 2016.

PCBS added that Producer Price Index for locally consumed products (December 2015=100) reached 99.20 in February 2016, which indicates a decrease by 0.52% compared to January 2016.

The changes of Producer Price Index for February 2016 were traced back to changes in prices of the following major activities compared to the previous month:

Major Activities

Change

Agriculture, forestry and fishing goods:

- 2.81%

 

Manufacturing

- 0.37%

Mining and quarrying

- 1.54%

Water supply; sewerage, waste management and remediation activities

- 3.53%

Electricity, gas, steam and air conditioning supply

+ 3.39%

 

 

 

 

 

 

 

 

 

 

M.N 

 

Related News

Read More