Palestinian Producer Price Index, March,03/2017
Decrease in the Producer Price1 Index during March 2017
The overall Producer Price Index (PPI) for Palestine with its base month (December 2015=100) reached 98.08 in March 2017, as it decreased by 0.79% compared to February 2017.
Producer Price Index for local exported products (December 2015=100) reached 100.09 in March 2017, which indicates a decrease by 0.87% compared to February 2017.
Producer Price Index for locally consumed products (December 2015=100) reached 97.54 in March 2017, which indicates a decrease by 0.64% compared to February 2017.
The changes of Producer Price Index for March 2017 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 |
- 4.80% |
Electricity, gas, steam and air conditioning supply |
+ 3.52% |
Water supply; sewerage, waste management and remediation activities |
+ 2.61% |
Mining and quarrying |
+ 0.21% |
Manufacturing |
+ 0.02% |
The table below shows monthly percent change in PPI for the period January – March 2017:
Month |
Local Products |
Exported Products |
Total Products |
Jan |
- 4.66 |
+ 0.79 |
- 3.95 |
Feb |
- 0.23 |
+ 0.13 |
- 0.20 |
Mar |
-0.64 |
-0.87 |
-0.79 |
The trend line of the Producer Price Index in Palestine, for the period:
March 2016 - March 2017 (Base Month December 2015=100)
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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.
* Data collection of Producer Price Index survey was funded by the European Union.