عربي
Palestinian Central Bureau of Statistics (PCBS)
Decrease in the Producer Price[1] Index (PPI) during November, 11/2020
The overall Producer Price Index (PPI) for Palestine with its base year (2018 = 100) reached 94.82 in November 2020, as it decreased by 2.33% compared to October 2020.
PPI for locally consumed products
Producer Price Index for locally consumed products (2018 = 100) reached 94.59 in November 2020, which indicates a decrease of 2.45% compared to October 2020.
PPI for local exported products
Producer Price Index for local exported products (2018 = 100) reached 96.92 in November 2020, which indicates a decrease of 1.27% compared to October 2020.
The changes of PPI for November 2020 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 |
- 6.93% |
|
Electricity, gas, steam and air conditioning supply |
- 3.26% |
|
Water supply; sewerage, waste management and remediation activities |
+ 2.92% |
|
Manufacturing |
+ 0.28% |
|
Mining and quarrying |
+ 0.09% |
Notice for Users:
1. Due to COVID-19 pandemic and inability to conduct face-to-face interview, data for PPI has been collected using mobile phones.
2. The data collection process for agricultural commodities, which is collected from the farm gate, and data on industrial commodities for the month of November 2020 has been completed.
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.