Home Archive 14/June/2017 11:01 AM

Decrease in the Consumer Price Index during May

RAMALLAH, June 14, 2017 (WAFA) - Consumer Price Index (CPI) for Palestine decreased during May by 0.84% compared with April, the Palestinian Central Bureau of Statistics (PCBS) said on Wednesday.

CPI decreased by 1.62% in Gaza Strip, by 0.50% in the West Bank and by 0.17% in Jerusalem area under Palestinian control.

When compared to May of last year, CPI increased by 0.50%; an increase of  3.45% in Jerusalem, and 1.04% in the West Bank, while it decreased by 0.38% in Gaza Strip.

The CPI increased during the first five months of 2017 by 0.67% compared with the same period of the previous year; an increase of 3.33% in Jerusalem, 0.96% in the West Bank and 0.20% in Gaza Strip.

The changes in Palestinian CPI for May are traced back to changes in prices of the following expenditure sub groups compared with previous month:


Sub Groups

Percent Change

Potatoes and other Tubers

- 11.04%

Dried Vegetables

- 10.61%

Fresh Vegetables

- 7.53%

Eggs

- 7.26%

Fresh Fruit

- 6.13%

Gas

- 4.11%

Fresh Meat

- 1.31%

Liquid Fuel for House

+ 1.41%

Liquid Fuel for Cars

+ 1.02%

 M.K.

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