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PCBS | PCBS: The Palestinian Producer Price Index, April, 04/2017

 

Palestinian Central Bureau of Statistics (PCBS)

 

Palestinian Producer Price Index, April ,04/2017

 

 

Increase in the Producer Price1 Index during March April 2017

 

The overall Producer Price Index (PPI) for  Palestine with its base month (December 2015=100) reached 100.72 in April 2017, as it increased by 2.70% compared to March 2017.

Producer Price Index for locally consumed products (December 2015=100) reached 100.73 in April 2017, which indicates an increase by 3.27% compared to March 2017.

Producer Price Index for local exported products (December 2015=100) reached 99.78 in April 2017, which indicates a decrease by 0.31% compared to March 2017.

The changes of Producer Price Index for April 2017 were traced back to changes in prices of the following major activities compared to the previous month:

                                                    

Major Activities

Change

Electricity, gas, steam and air conditioning supply

+ 36.67% 

Water supply; sewerage, waste management and remediation activities

  + 0.08%

Agriculture, forestry and fishing goods

   - 3.39%

Mining and quarrying

   - 0.20%

Manufacturing

   - 0.10%

 
  

The table below shows monthly percent change in PPI for the period

 January – April 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

Apr

+ 3.27

-  0.31

    + 2.70

 

 

 

  

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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.

 

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