RAMALLAH, January 19, 2017 (WAFA) - The overall Wholesale Price Index (WPI) in Palestine increased in 2016 by 1.62% compared with 2015, the Palestinian Central Bureau of Statistics (PCBS) said on Thursday.
The increase was due rise in prices of fishing goods by 17.20%, agriculture goods by 2.45% and prices of goods in manufacturing group by 1.25%, while prices of goods in mining and quarrying group decreased by 0.76%.
Prices of local products increased by 2.67% and prices of imported products increased by 0.70% compared with the previous year, said the PCBS.
Data for WPI for fourth quarter 2016 showed a decrease 2.28% compared with the third quarter of the same year.
WPI for local products decreased by 4.02% compared with the third quarter but it increased for imported products by 0.68% for the same period.
The table below shows the relative share and the quarterly percent change in WPI by major activities in Palestine for first quarter to fourth quarter 2016:
|
Major Activities
|
Relative Share
|
Quarterly Percent Change
|
|||
|
Q1
|
Q2
|
Q3
|
Q4
|
||
|
Agriculture
|
29%
|
-3.66
|
+0.68
|
+6.76
|
-6.44
|
|
Fishing
|
0.10%
|
+14.54
|
+5.52
|
-7.07
|
-0.59
|
|
Mining and quarrying
|
0.90%
|
+1.32
|
-2.30
|
-0.89
|
-1.80
|
|
Manufacturing
|
70%
|
+0.33
|
+1.19
|
+0.69
|
-0.31
|
|
All Items Price Index
|
100%
|
-0.91
|
+1.01
|
+2.53
|
-2.28
|
M.K.
