RAMALLAH, January 18, 2018 (WAFA) - The overall wholesale price index (WPI) in Palestine decreased by 1.17% in 2017 compared with 2016, the Palestinian Central Bureau of Statistics (PCBS) said on Thursday.

The decreased was due to drop in the prices of fishing goods by 22.80%, agriculture goods by 2.18%, and the prices of goods in manufacturing group by 0.72%, while the prices of goods in mining and quarrying group increased by 2.97%.

The prices of local products decreased by 1.58%, while the prices of imported products increased by 0.21% compared with the previous year.

The overall WPI in Palestine in the fourth quarter 2017 also decreased by 0.16% compared with the third quarter 2017.

WPI for local products decreased by 2.19% compared with the third quarter 2017, while they increased for imported products by 1.20%.

M.K.