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PCBS | Consumer Price Index During , April, 04/2024

Palestinian Central Bureau of Statistics (PCBS)

 

Decline in the Consumer Price Index (CPI) in Palestine by 1.91%

 during April, 04/2024

 

The Consumer Price Index (CPI) decreased by 5.42% in April 2024 compared to March 2024 in Gaza Strip, despite that the price level for all basic commodities still extremely higher than before the Israel aggression in Gaza Strip, due to that consumer price index record 1.91% decrease in Palestine, despite its increase in the West Bank** by 0.45% and by 0.44% in Jerusalem J1*.

 

The changes in Palestinian CPI during April 2024 were traced back to changes in prices of the following expenditure subgroups compared with the previous month:

Sub Groups

%Change

Other Sugar and Sugar Substitutes

- 71.55%

Eggs

- 42.91%

Dried Vegetables

- 37.33%

Vegetable Oil

- 21.02%

Fresh Fruits

- 10.06%

Fresh Vegetables

- 9.07%

Potatoes

- 7.27%

Bread

- 2.54%

Flour of Cereals

- 1.69%

Fresh Meat

+ 5.13%

Fresh Chicken

+ 4.16%

 

The Palestinian CPI during April 2024 increased by 33.54% compared with April 2023 (153.32% in Gaza Strip, 4.20% in Jerusalem J1*, and 2.53% in the West Bank**).

 

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.

Due to the Israeli occupation aggression against Gaza Strip since October 7th, 2023, the data for April 2024 were collected through direct phone contact with PCBS fieldworkers working in Gaza Strip. They focused on the prices for basic commodities purchased by them and those that are of high relative importance within the main major groups of expenditure in the consumer price index.

The prices of goods and services were collected in New Israeli Shekels (NIS).  The monthly average exchange rate of the US Dollar during April 2024 is (3.75 NIS/$).

 

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

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