عربي
Palestinian Central Bureau of Statistics (PCBS)
Palestinian Producer Price Index, during 2016 & December, 12/2016
Increase in the Producer Price1 Index (PPI) during 2016
The overall PPI in Palestine with its base month (December 2015=100) reached 101.07 in 2016, which indicates an increase by 2.57% compared to 2015.
Prices of PPI for 2016 increased due to the increase in the prices of goods in Electricity, gas, steam and air conditioning supply group by 14.64%, prices of goods in Water supply; sewerage, waste management and remediation activities group by 7.28%, prices of goods in Manufacturing group by 2.29%, and the prices of goods in Agriculture, forestry and fishing group by 0.86%.
While the prices of goods in Mining and quarrying group decreased by 5.86% in 2016 compared to 2015.
The prices of locally consumed products increased by 2.75%, and the prices of local exported products increased by 1.12%.
Yearly inflation rate of Producer Price Index in Palestine for 2007 – 2016
The table below shows yearly inflation rate in PPI in Palestine for the period 2007 – 2016:
|
Year |
Yearly Inflation Rate |
||
|
Local Products |
Export Products |
Total Products |
|
|
2007 |
+ 2.37 |
+ 1.43 |
+ 2.27 |
|
2008 |
+ 8.51 |
+ 4.95 |
+ 8.16 |
|
2009 |
+ 1.46 |
+ 2.62 |
+ 1.53 |
|
2010 |
+ 3.60 |
+ 1.95 |
+ 3.36 |
|
2011 |
+ 3.75 |
+ 2.83 |
+ 3.63 |
|
2012 |
+ 2.41 |
+ 3.87 |
+ 2.55 |
|
2013 |
+ 0.94 |
+ 0.30 |
+ 0.89 |
|
2014 |
+ 0.98 |
- 1.19 |
+ 0.78 |
|
2015 |
+ 1.89 |
+ 0.06 |
+ 1.73 |
|
2016 |
+ 2.75 |
+ 1.12 |
+ 2.57 |
|
Cum. |
+ 32.40 |
+ 19.28 |
+ 30.87 |
Increase in the Producer Price Index (PPI) during December 2016
The overall PPI for Palestine with its base month (December 2015=100) reached 102.95 in December 2016, as it increased by 0.70% compared to November 2016.
PPI for locally consumed products
PPI for locally consumed products (December 2015=100) reached 103.15 in December 2016, which indicates an increase of 0.70% compared to November 2016.
PPI for local exported products
PPI for local exported products (December 2015=100) reached 101.70 in December 2016, which indicates an increase of 0.19% compared to November 2016.
The changes of PPI for December 2016 were traced back to changes in prices of the following major activities compared to the previous month:
|
Major Activities |
Change |
|
Agriculture, forestry and fishing goods |
+ 4.03%
|
|
Mining and quarrying |
+ 1.64% |
|
Water supply; sewerage, waste management and remediation activities
|
+ 0.03% |
|
Electricity, gas, steam and air conditioning supply |
- 2.76% |
|
Manufacturing |
- 0.08% |
The table below shows monthly percent change in PPI in Palestine for the period
January – December 2016:
|
Month |
Local Products |
Exported Products |
Total Products |
|
Jan. |
- 0.28 |
- 0.01 |
- 0.13 |
|
Feb. |
- 0.52 |
- 0.68 |
- 0.61 |
|
Mar. |
- 1.00 |
+ 0.08 |
- 0.92 |
|
Apr. |
+ 0.51 |
+ 0.35 |
+ 0.47 |
|
May. |
+ 3.38 |
+ 1.31 |
+ 3.18 |
|
Jun. |
- 1.73 |
- 0.25 |
- 1.60 |
|
Jul. |
+ 2.05 |
+ 0.59 |
+ 1.86 |
|
Aug. |
- 0.16 |
+ 0.19 |
- 0.16 |
|
Sep. |
+ 0.84 |
+ 0.02 |
+ 0.76 |
|
Oct. |
- 0.65 |
- 0.04 |
- 0.58 |
|
Nov. |
+ 0.08 |
- 0.05 |
+ 0.05 |
|
Dec. |
+ 0.70 |
+ 0.19 |
+ 0.70 |
The trend line of the Producer Price Index in Palestine, for the period:
December 2015 - December 2016
(Base Month December 2015=100)
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.