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PCBS | Palestinian Wholesale Price Index, during 2018 & Fourth Quarter of 2018

Increase in the Wholesale Price1 Index (WPI) During 2018

The overall Wholesale Price Index (WPI) in Palestine with its base year (2007=100) reached 125.47 in 2018, which indicates an increase by 1.05% compared with 2017.

Prices of WPI for 2018 increased due to the increase in the prices of Fishing goods by 7.79%, Agriculture goods by 5.14%, while the prices of goods in Mining and quarrying group decreased by 2.46%, and Manufacturing group by 0.75%.

The prices of local products increased by 1.39%, and the prices of imported products increased by 0.20% compared with the previous year.

The table shows yearly percent changes in WPI by source of goods in Palestine

for the years 2007 – 2018:

Year

Percent Change

Local

Import

Total

2007

+ 2.96

+ 3.21

+ 3.08

2008

+ 9.36

+ 12.01

+ 10.71

2009

+ 1.82

- 2.23

- 0.67

2010

+ 4.91

+ 2.92

+ 3.70

2011

+ 3.08

+ 4.70

+ 3.76

2012

- 1.08

+ 2.19

+ 0.93

2013

- 0.39

+ 0.79

+ 0.78

2014

+ 0.84

+ 2.52

+ 1.48

2015

+ 4.26

- 2.55

+ 1.21

2016

+ 2.67

+ 0.70

+ 1.62

2017

- 1.58

+ 0.21

- 1.17

2018

+1.39

+0.20

+1.05

Cum.

+ 31.58

+ 26.71

+ 29.34


Increase in the Wholesale Price Index (WPI) During the Fourth Quarter of 2018

The overall WPI in Palestine with its base year (2007 = 100) reached 127.05 in the Fourth quarter 2018, which indicates an increase by 0.49% compared with the Third quarter 2018.

WPI for local products (2007 = 100) reached 131.15 in the Fourth quarter 2018, which indicates an increase by 2.24% compared with the Third quarter 2018.


WPI for imported products (2007 = 100) reached 122.80 in the Fourth quarter 2018, which indicates a decrease by 0.54% compared with the Third quarter 2018.

The table shows the relative share and the quarterly percent changes in WPI by major activities in Palestine for the period: First quarter – Fourth quarter 2018

Major Activities

Relative Share %

Quarterly Percent Change

2018

Q1

Q2

Q3

Q4

Agriculture

29.0

-3.80

+9.93

+0.34

+1.26

Fishing

0.10

+9.43

-4.77

+4.28

-3.02

Mining and quarrying

0.90

-1.78

-1.16

-2.95

+3.60

Manufacturing

70.0

-0.37

-0.38

+0.53

+0.08

All Items Price Index

100

-1.44

+2.73

+0.45

+0.49

 

 

 

 

 

 

 

 

 









 

 

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