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PCBS | PCBS: The Palestinian Producer Price Index, January, 01/2017


 

Palestinian Central Bureau of Statistics (PCBS)


Palestinian Producer Price Index, January,01/2017

 

 

Decrease in the Producer Price1 Index during January 2017

 

The overall Producer Price Index (PPI) for  Palestine with its base month (December 2015=100) reached 99.05 in January 2017, as it decreased by 3.95% compared to December 2016.

 

Producer Price Index for locally consumed products (December 2015=100) reached 98.38 in January 2017, which indicates a decrease by 4.66% compared to December 2016.

 

Producer Price Index for local exported products (December 2015=100) reached 100.84 in January 2017, which indicates an increase by 0.79% compared to December 2016.

 

The changes of Producer Price Index for January 2017 were traced back to changes in prices of the following major activities compared to the previous month:

 

Major Activities

Change

Electricity, gas, steam and air conditioning supply

    -  28.12%

Mining and quarrying

-  1.43%

Manufacturing

    -  0.25%

Agriculture, forestry and fishing goods

    + 5.06%

 

Water supply; sewerage, waste management and remediation activities

 

 

 

 

   +  4.16%



 

The table below shows monthly percent change in PPI for the period

February 2016 – January 2017:

 

Month

Local Products

Exported Products

Total Products

Feb. 16

- 0.52

- 0.68

- 0.61

Mar.16

- 1.00

+ 0.08

- 0.92

Apr. 16

+ 0.51

+ 0.35

+ 0.47

May. 16

+ 3.38

+ 1.31

+ 3.18

Jun. 16

- 1.73

- 0.25

- 1.60

Jul. 16

+ 2.05

+ 0.59

+ 1.86

Aug. 16

- 0.16

+ 0.19

- 0.16

Sep. 16

+ 0.84

+ 0.02

+ 0.76

Oct. 16

- 0.65

- 0.04

- 0.58

Nov. 16

+ 0.08

- 0.05

+ 0.05

Dec. 16

+ 0.70

+ 0.19

+ 0.70

2016

+ 2.75

+ 1.12

+ 2.57

Jan. 17

- 4.66

+ 0.79

- 3.95

 

 

 

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.                  


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