عربي
Increase in the Consumer Price Index (CPI), during December, 12/2020
The overall CPI for Palestine during December 2020 Recorded an Increase by 0.29% compared with November 2020 (by 0.36% in the West Bank**, by 0.24% in Gaza Strip, with a slight increase of 0.02% in Jerusalem J1*).
The changes in Palestinian CPI for December 2020 were traced back to changes in prices of the following expenditure sub groups compared with previous month:
|
Sub Groups |
Percent Change |
|
Potatoes and other Tubers |
+ 14.24% |
|
Gas |
+ 2.60% |
|
Liquid Fuel for Car "Diesel" |
+ 1.95% |
|
Liquid Fuel for Car "Petrol" |
+ 0.86% |
|
Fresh Chicken |
+ 1.89% |
|
Fresh Vegetables |
- 7.74% |
|
Fresh Fruit |
- 1.52% |
|
Dried Vegetables |
- 1.32% |
The Palestinian CPI during December 2020 decreased by 0.23% compared with December 2019 (by 0.24% in Jerusalem J1*, and by 0.16 in the West Bank**, while it increased by 0.97% in Gaza Strip).
Notice for Users:
1. Due to COVID-19 pandemic and inability to conduct face-to-face interview, data for Consumer Price Index has been collected using mobile phones, in all of the Palestinian Governorates interview.
2. The number of outlets, from which Consumer Prices are collected in Palestine, reached 3,103 outlets in December 2020. The percentage for the completion of data collection process is as follows:
|
Region |
Number of Collected Outlets |
Number of Non-Collected Outlets |
Percentage of Collected Outlets |
|
West Bank** |
1,988 |
101 |
95% |
|
Gaza Strip |
793 |
19 |
98% |
|
Jerusalem J1* |
194 |
8 |
96% |
|
Total |
2,975 |
128 |
96% |
3. The number of price observations collected to compile the Palestinian Consumer Price index is 38,395 price observations; where 97% was collected in December 2020. Hence, the percentages are distributed as follows within the Palestinian regions:
|
Region |
Number of Actual Collected Observations |
Estimated Number of Observations |
Percentage of Actual Collected Observations |
|
West Bank** |
26,086 |
741 |
97% |
|
Gaza Strip |
9,294 |
63 |
99% |
|
Jerusalem J1* |
1,828 |
383 |
83% |
|
Palestine |
37,208 |
1,187 |
97% |
4. International recommendations are followed in estimating the missing data, which are mentioned in the Consumer Price Index guide. Moreover, the (Group Relative Method) is one of the best methods used to estimate the missing data, which is the process of estimating the prices based on the change in the prices of the remaining sources for the same category. Accordingly, in case of the closure of an entire source on a temporary basis, all the prices of that source have been estimated based on the change in the prices of the sources that share the same items, which are collected from that source.
5. The estimate also used at the (Next Level Up in Aggregation) in case of the disappearance of the index for a whole sub-group or a higher group reaching up to the major groups that constitute the index.
Notes:
*Data represent those parts of Jerusalem, which were annexed by Israeli Occupation in 1967.
**Data exclude those parts of Jerusalem, which were annexed by Israeli Occupation in 1967.
Please note that the press release in English is brief compared to the Arabic version