Palestinian Central Bureau of Statistics (PCBS)
Palestinian Wholesale Price Index during Fourth Quarter of 2014 & 2014
Increase in the Wholesale Price1 Index during 2014
The overall Wholesale Price Index (WPI) in Palestine with its base year (2007=100) reached 122.14 in 2014, which indicates an increase by 1.48% compared to 2013.
Prices of Wholesale Price Index for 2014 increased due to the increase in the prices of Agriculture goods by 1.90%, Manufacturing group by 1.41%, and Fishing by 3.26%, while the prices of Mining and quarrying decreased by 6.97%.
The prices of imported products increased by 2.52%, and the price of local products increased by 0.84%.
Slight Increase in the Wholesale Price Index during Fourth Quarter of 2014
The overall Wholesale Price Index (WPI) in Palestine with its base year (2007=100) reached 122.31 in the Fourth quarter 2014, which indicates a slight increase by 0.09% compared to the Third quarter 2014.
Wholesale Price Index for imported products (2007=100) reached 123.77 in the Fourth quarter 2014, which indicates an increase by 0.29% compared to the Third quarter 2014.
Wholesale Price Index for local products (2007=100) reached 120.83 in the Fourth quarter 2014, which indicates a slight decrease by 0.05% compared to the Third quarter 2014.
The change of Wholesale Price Index in the Fourth quarter 2014 is traced back to changes in the prices of the following major activities compared to the previous quarter:
Major Groups |
%Change |
Manufacturing group: |
+ 0.34% |
Agriculture goods: |
- 0.51% |
Fishing: |
- 0.29% |
Mining and Quarrying: |
- 0.28% |
The trend line for the wholesale price index in Palestine, for the period: Fourth quarter 2012 – Fourth quarter 2014
(Base year 2007=100)
The trend line for the wholesale price index in Palestine, for the period: 2007 – 2014
(Base year 2007=100)
1 The resale (sale without transformation) of new and used goods to retailers, industrial, commercial, institutional or professional users, to other wholesalers, or to those acting as agents or brokers in buying merchandise for, or selling merchandise to such persons or companies. The wholesale price includes VAT and any transport charges.