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PCBS | The Palestinian Producer Price Index, August, 08/2022

Palestinian Central Bureau of Statistics (PCBS)

 

Palestinian Producer[1] Price Index, 08/2022

 

Increase in the Producer Price Index (PPI) during August, 08/2022

The overall Producer Price Index (PPI) for Palestine with its base year (2019 = 100) reached 105.11 in August 2022, as it increased by 1.68% compared to July 2022.

 

PPI for locally consumed products

Producer Price Index for locally consumed products (2019 = 100) reached 104.75 in August 2022, which indicates an increase of 1.78% compared to July 2022.

 

PPI for local exported products

Producer Price Index for local exported products (2019 = 100) reached 108.47 in August 2022, which indicates an increase of 0.76% compared to July 2022.

 

The changes of PPI for August 2022 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

      + 6.65%

Agriculture, forestry and fishing

    

     + 4.16%

 

Water supply; sewerage, waste management and remediation activities

   + 4.16%

Mining and quarrying

   + 1.19%

Manufacturing

   - 0.12%

 

 


 

 

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Please note that the press release in English is brief compared to the Arabic version.

 

 

[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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