Palestinian Central Bureau of Statistics (PCBS)
Palestinian Producer Price Index, May ,05/2017

Decrease in the Producer Price1 Index during May 2017
The overall Producer Price Index (PPI) for  Palestine with its base month (December 2015=100) reached 100.23 in May 2017, as it decreased by 0.49% compared to April 2017.

Producer Price Index for local exported products (December 2015=100) reached 99.16 in May 2017, which indicates a decrease by 0.62% compared to April 2017.

Producer Price Index for locally consumed products (December 2015=100) reached 100.24 in May 2017, which indicates a decrease by 0.49% compared to April 2017.

The changes of Producer Price Index for May 2017 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

  - 3.19%

Water supply; sewerage, waste management and remediation activities

  - 1.68%

Electricity, gas, steam and air conditioning supply

 + 0.45% 

Mining and quarrying

    + 0.12%

Manufacturing

 + 0.03%


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1 The producer’s price is the amount receivable by the producer from the purchaser for a unit of a good or service produced as output minus any VAT, or similar deductible tax, invoiced to the purchaser. The producer’s prices exclude any transport charges invoiced separately by the producer.                  

   The table below shows monthly percent change in PPI for the period January – May 2017:

Month

Local Products

Exported Products

Total Products

Jan

- 4.66

+ 0.79

- 3.95

Feb

- 0.23

+ 0.13

- 0.20

Mar

- 0.64

-  0.87

- 0.79

Apr

+ 3.27

-  0.31

+ 2.70

May

- 0.49

-  0.62

- 0.49


Data collection of Producer Price Index survey  was funded by the European Union.

 

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