Palestinian Central Bureau of Statistics (PCBS)   

Palestinian Producer Price Index, July 07/2014

Increase in the PPI during July, 07/2014

The overall Producer Price¹ Index (PPI) for  Palestine with its base year (2011=100) reached 104.46 in July 2014, as it increased by 1.82% compared to June 2014.

Producer Price Index for locally consumed products (2011=100) reached 104.62 in July 2014, which indicates an increase by 1.97% compared to June 2014.

Producer Price Index for exported products (2011=100) reached 102.88 in July 2014, which indicates an increase by 0.34% compared to June 2014. 

The changes of Producer Price Index for July 2014 were traced back to changes in prices of the following major activities compared to the previous month:

The trend line for the Producer Price Index in Palestine, for the period:

July 2013 - July 2014 (Base Year 2011=100)

Note: Regarded to Gaza Strip PCBS collected producer prices for certain commodities  during July 2014, as being directly collected from the field, due to Israeli aggression on Gaza Strip. Noting that the relative importance of the goods in Gaza Strip within producer price index amounted to less than 10%.

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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.